Here is an article about the GlobalFoundries acquisition of MIPS, presented in a polite tone with relevant information:
GlobalFoundries Acquires MIPS, Strategically Expanding its IP Portfolio
Santa Clara, CA and Edinburgh, Scotland – July 10, 2025 – GlobalFoundries (GF), a leading semiconductor contract manufacturer, announced today its definitive agreement to acquire MIPS, a renowned provider of processor architectures and intellectual property (IP). This significant acquisition marks a strategic move by GlobalFoundries to bolster its IP offerings and provide its customers with enhanced solutions for a wide range of advanced applications.
The transaction, which is expected to close in the coming months, subject to customary closing conditions and regulatory approvals, will integrate MIPS’s established RISC-based processor IP, including its highly regarded RISC-V compatible cores, into GlobalFoundries’ comprehensive IP portfolio. This integration is poised to empower GF’s customers with greater design flexibility and accelerate the development of innovative products across various sectors, including automotive, IoT, communications, and artificial intelligence.
MIPS has a long and distinguished history in the processor IP market, known for its efficient and performance-oriented architectures. The company’s commitment to open standards, particularly its contributions to the RISC-V ecosystem, aligns seamlessly with GlobalFoundries’ vision of enabling a more connected and intelligent future. By acquiring MIPS, GlobalFoundries aims to offer its foundry customers an even more robust and diverse selection of IP building blocks, facilitating faster time-to-market and reduced development costs.
“We are delighted to welcome MIPS into the GlobalFoundries family,” said Dr. Thomas Caulfield, President and CEO of GlobalFoundries. “This acquisition represents a significant step forward in our strategy to provide our customers with differentiated solutions. MIPS’s proven processor IP, coupled with their deep expertise in CPU architecture, will significantly enhance our ability to support the growing demand for high-performance, low-power processing capabilities in the rapidly evolving semiconductor landscape. We believe this will unlock new opportunities for innovation and enable our customers to bring groundbreaking products to market even faster.”
The acquisition is anticipated to strengthen GlobalFoundries’ position as a preferred partner for semiconductor design and manufacturing. The combined expertise and IP assets will allow GF to offer a more comprehensive design enablement service, from initial concept to high-volume manufacturing. This move is particularly timely as the industry witnesses an increasing demand for specialized processing units and the adoption of open-standard architectures.
“Joining forces with GlobalFoundries is an exciting milestone for MIPS,” commented Sajiv Dalal, CEO of MIPS. “We share a common vision for empowering innovation through advanced semiconductor technology. This partnership will provide our talented team and our valued customers with expanded resources and a broader reach. We are confident that by becoming part of GlobalFoundries, we can accelerate the development and deployment of our IP, contributing to the success of a vast array of next-generation technologies.”
The integration of MIPS’s IP into GlobalFoundries’ platform is expected to be a smooth process, leveraging the existing strengths of both organizations. Further details regarding the integration plans and the expanded IP offerings will be made available in due course. This strategic acquisition underscores GlobalFoundries’ commitment to continuous investment in its technology and IP portfolio, reinforcing its dedication to driving customer success and shaping the future of the semiconductor industry.
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Electronics Weekly published ‘Globalfoundries buys MIPS’ at 2025-07-10 05:23. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.