Re:IBM Paying Globalfoundries $1.5B to Take Unit in Retreat ...
by greglindahl on Monday October 20, 2014 @12:30AM
(#8480700)
It's very common for companies selling divisions to sign pre-purchase agreements. This article's title and tone are at odds with how normal this particular deal is.
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Re:IBM Paying Globalfoundries $1.5B to Take Unit in Retreat ...
by ghshephard on Monday October 20, 2014 @05:00AM
(#8481209)
Thanks - that puts this in a new light. Based on what you are saying, this isn't purely "IBM Paying Someone $$$ to take off money losing division from their books" as it is, "IBM purchasing Processors, Chips, from Global Foundry, cost of such products being the net-worth of their manufacturing/engineering division + $1.5B"