GlobalFoundries Acquires MIPS, Strengthening Semiconductor Design Capabilities
Santa Clara, CA – July 9, 2025 – GlobalFoundries (GF), a leading global semiconductor manufacturing company, announced today its acquisition of MIPS, a prominent provider of RISC-based processor architectures and intellectual property (IP). The strategic move is expected to significantly enhance GF’s design capabilities and broaden its offerings to customers across a wide range of industries.
This acquisition marks a significant development in the semiconductor landscape, bringing together GF’s advanced manufacturing expertise with MIPS’ established legacy in processor design. MIPS, known for its innovative RISC (Reduced Instruction Set Computing) architectures, has a long history of delivering high-performance, power-efficient processing solutions that have powered countless devices, from embedded systems and automotive applications to networking equipment and consumer electronics.
By integrating MIPS’ deep expertise and extensive IP portfolio, GlobalFoundries aims to provide its customers with a more comprehensive and integrated solution, from chip design to high-volume manufacturing. This will enable GF to better support its clients in developing next-generation products that require sophisticated and optimized processing power. The combined entity will be well-positioned to address the growing demand for specialized processors in burgeoning markets such as artificial intelligence, 5G communications, the Internet of Things (IoT), and automotive.
“We are thrilled to welcome MIPS into the GlobalFoundries family,” said Thomas Caulfield, President and CEO of GlobalFoundries. “This acquisition is a pivotal step in our strategy to offer differentiated solutions and deeper engagement with our customers from the earliest stages of product development. MIPS’ proven RISC architectures and experienced design team will be invaluable as we continue to innovate and deliver cutting-edge technologies that address the complex challenges of our global clientele.”
The integration of MIPS is expected to accelerate GF’s ability to provide customized processor solutions tailored to specific application needs. This will empower designers and engineers to leverage GF’s advanced process technologies with optimized, licensable IP, thereby reducing time-to-market and enhancing overall product performance.
“Joining forces with GlobalFoundries represents an exciting new chapter for MIPS and our customers,” commented John Paulsen, CEO of MIPS. “Our shared commitment to innovation and customer success makes this a natural and powerful combination. Together, we will be able to offer a more compelling value proposition, enabling the creation of highly integrated and differentiated semiconductor solutions that will drive the future of technology.”
The transaction is subject to customary closing conditions and regulatory approvals. Further details regarding the integration plan and future roadmap will be shared in the coming months. This acquisition underscores GlobalFoundries’ commitment to expanding its capabilities and solidifying its position as a leading partner in the semiconductor ecosystem.
Chipmaker GlobalFoundries acquires chip designer MIPS
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