Will GloFo Buy IBM’s Semiconductor Division?
Globalfoundries is expected to buy IBM’s semiconductor division, Mike Bryant, CTO of Future Horizons, told last week’s IFS2012 meeting in London.
"We assume Golbalfoundries will buy IBM's semiconductor division and that Hynix/Micron will buy up the remaining smaller memory companies," said Bryant.
Asked why he assumed Globalfoundries would buy the IBM semi business, Bryant replied: "It's just one of the industry rumours we hear. A lot of key IBM people are working over at Globalfoundries."