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Mergers: Intel can buy GlobalFoundries
  • Vitaliy_KiselevVitaliy_Kiselev

    Rumors in the industry are that private talks are now active in this regard. Intel can be interested in many GF clients and also in ready to run buildings that can be used to put newer production lines.

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  • Vitaliy_KiselevVitaliy_Kiselev

    Intel Corp. is exploring a deal to buy GlobalFoundries Inc., according to people familiar with the matter, in a move that would turbocharge the semiconductor giant’s plans to make more chips for other tech companies and rate as its largest acquisition ever.

    A deal could value GlobalFoundries at around $30 billion, the people said. It isn’t guaranteed one will come together, and GlobalFoundries could proceed with a planned initial public offering. GlobalFoundries is owned by Mubadala Investment Co., an investment arm of the Abu Dhabi government, but based in the U.S.

    https://www.wsj.com/articles/intel-is-in-talks-to-buy-globalfoundries-for-about-30-billion-11626387704

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