# 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.

- Type: Contract
- Announced: 2021-06-11
- Where: United States
- Value: $1.50B
- Status: announced
- Products: semiconductor chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [IBM](https://endata.com/companies/22500.md)
- [GlobalFoundries](https://endata.com/companies/664.md) (partner)

## Sources

- [semiengineering.com](https://semiengineering.com/week-in-review-manufacturing-test-151/), 2021-06-11: "IBM has filed suit against GlobalFoundries (GF), alleging fraud and breach of contract committed by GF."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.