Ron Burgundy Posted April 3, 2014 Share Posted April 3, 2014 (Reuters) - Contract chipmaker Globalfoundries has emerged as the leading candidate to buy IBM's semiconductor operations, edging out Intel Corp, the Wall Street Journal cited unidentified sources as saying on Thursday. IBM had held discussions with those two companies as well as Taiwan Semiconductor Manufacturing Co, but California-based Globalfoundries showed keener interest and TSMC ultimately dropped out for unspecified reasons, the Journal cited people familiar with the matter as saying. IBM had asked for $2 billion but potential bidders offered more than $1 billion, the newspaper added. ... View the full article Quote Link to comment Share on other sites More sharing options...
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