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Jun 11, 2021CONTRACTUnited States

IBM files lawsuit against GlobalFoundries

IBM filed a lawsuit against GlobalFoundries alleging fraud and breach of contract related to the 2015 acquisition of IBM's semiconductor business. Filed June 2021.

Value

$1.50B

Status

Announced

Productssemiconductor chips

CompaniesIBM GlobalFoundries partner

Sectors#Semiconductors and Industrial Electronics

“IBM has filed suit against GlobalFoundries (GF), alleging fraud and breach of contract committed by GF.”semiengineering.com

1 source
semiengineering.comWeek In Review: Manufacturing, TestMark LaPedusJun 11, 2021

Summarized from public sources; check the original articles before acting on it.

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IBM files lawsuit against GlobalFoundries · Endata