Intel reported to be in talks to buy GloFo

Intel is reported to be in talks with Mubadala, the Abu Dhabi sovereign wealth, fund about buying  its subsidiary Globalfoundries. Globalfoundries says Intel has not talked to them. The price being quoted is $30 billion. Globalfoundries has been preparing for an IPO and says it is continuing to do so. After Pat Gelsinger took over as ...

This story continues at Intel reported to be in talks to buy GloFo

Or just read more coverage at Electronics Weekly