IBM announced today that they will pay GlobalFoundries 1.5 Billion dollars over three years in exchange for GlobalFoundries taking over their microchip business. GlobalFoundries was itself created in 2009 when AMD divested from manufacturing. As part of the deal GlobalFoundries is getting paid to acquire IBM's semiconductor manufacturing facilities and personnel with the exception of a small team of researchers remaining with IBM. The number of things IBM still does continues to shrink.
Category Archives: Hardware
A Free* Bitcoin ATM Machine For Suitable Hosts
ZenBox, based in Santa Monica, California, are a company which operate a network of over 10 Bitcoin kiosks across the US. Launched in June, 2014, the company was founded by Sean Grove and Brock Pierce while CEO Cailen Sullivan previously worked at Coinbase. Continue reading