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IBM Agrees to Pay Globalfoundries $1.5 Billion to Take Chip Unit

2014-10-20 10:08:25| Semiconductors - Topix.net

IBM Agrees to Pay Globalfoundries $1.5 Billion to Take Chip Unit - International Business Machines Corp. agreed to pay Globalfoundries Inc. $1.5 billion to take an unprofitable chip-manufacturing unit off its hands, according to two people with knowledge of the matter.

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