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Tag Archives: chips

IBM to Shed Semiconductor Business in $1B Deal With Globalfoundries

IBM (NYSE: IBM) has agreed to sell its global commercial semiconductor technology business to Santa Clara, California-based computer chip manufacturer Globalfoundries for $1.5 billion, which would be paid to IBM over the next three years. The companies said Monday that the deal also includes an agreement for Globalfoundries to serve as IBM’s …

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Northrop, DARPA Partner to Build Navigation Sensor Chips; Charles Volk Comments

Northrop Grumman (NYSE: NOC) will help the Defense Advanced Research Projects Agency develop an integrated microsystem to help warfighters manage navigation, targeting, guidance and positioning tasks. The cost-plus-fixed-fee contract with the Army has a $648, 000 initial value to Northrop and the potential value is $13.4 million over a 12-month base period …

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