IBM plans a big announcement at its earnings call on Monday. Bloomberg has it that IBM has come to terms with GlobalFoundries on taking over its money-losing commercial silicon business.

from Gigaom https://gigaom.com/2014/10/19/report-ibm-is-paying-globalfoundries-1-5-to-rid-itself-of-its-chip-making-business/
Report: IBM is paying GlobalFoundries $1.5 to rid itself of its chip-making business originally published by Gigaom, © copyright 2014.
from Gigaom https://gigaom.com/2014/10/19/report-ibm-is-paying-globalfoundries-1-5-to-rid-itself-of-its-chip-making-business/
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