GlobalFoundries (GFS) and IBM have announced a settlement that resolves all ongoing litigation matters between the companies, including breach of contract, trade secret, and intellectual property claims. The confidential settlement, announced on January 2, 2025, puts an end to the legal dispute between the two companies and opens the possibility of future cooperation in areas of mutual interest.
The CEOs of both companies expressed their satisfaction with the results, and GF CEO Dr. Thomas Caulfield highlighted the opportunity to build a long-standing partnership to strengthen the semiconductor industry. IBM CEO Arvind Krishna said resolving these disputes will allow both organizations to focus on future innovations that will benefit them and their customers.
GlobalFoundries (GFS) assumes IBM’s commercial responsibility to resolve lawful disputes and protect intellectual property rights under the circumstances. Report on legal disputes and possible future mutual cooperation to be published in February 2025.
I am working with the Chief Executive Officer (GF), Dr. Thomas Caulfield, to develop cost opportunities based on industry and semiconductor industry partnerships. We serve the best espresso. IBM CEO Arvind Krishna is stirring up controversy and controversy while staying focused on future innovations for his clients.
GlobalFoundries (GFS) is IBM’s legal dispute, including legal disputes, violations of law, and recovery of trade secrets and intellectual property. Confidential, February 2, 2025 The case will ultimately be decided, taking into account the possibility of future collaboration and interaction.
Ross CEO is satisfied with the result and makes the CEO destacand. Dr. Thomas Caulfield provided an opportunity to develop a strategy for the semiconductor industry. IBM CEO Arvind Krishna serves as a solver at the heart of the organization and enabling future innovation for the benefit of customers.
IBM Support, Support, Support, Support. 2025, 2025, 2025, 2025 I can’t wait to see it.
GF CEO, GF CEO I can’t wait to see it. IBM CEO I want to know what I want to know.
GlobalFoundries (GFS) and IBM report corporate court litigation agreement for breach of contract, commercial secrets and intellectual property retaliation. Confidential, announced on January 2, 2025, indicating potential collaborations regarding legal differences and future domain development possibilities.
Les PDG des deux entreprises ont exprimé leur satisfaction le résultat, avec le PDG de GF, Dr. Thomas Caulfield soulignant l’opportunité de s’appuyer sur leurpartenariat de longue date pour renforcer l’industrie des Semi-conductors. Le PDG d’ IBM, Arvind Krishna has produced a memo on litigation resolution that will provide future benefits of organizational focus and innovation to businesses and their clients’ customers.
GlobalFoundries (GFS) and IBM’s Haben Eine Vereinbarung Angekundigt, All Leufenden Rechtsstreitigkeiten Zwischen den Unternemen, Einschlischlich Vertragswerretsuungen. , Geschaftsgeheimnissen und Ansprüchen auf Geistiges Eigentum, Profit. Die vertrauliche Einigung, die am 2. Januar 2025 in Bereichen von gemeinsamem Interesse.
Beide Unternehmens-CEO visits Zufriedenheit über das Ergebnis. Dr. Thomas Caulfield, GF-CEO, is committed to playing the role of a partner and a partner in the healthy development of the industry. IBM CEO Arvind Krishna delivers on top performance, drives innovation across all areas of the organization, and contributes to Unternehmen and Kunden zugutekommen.
positive
Resolve all legal disputes with IBM and reduce legal risks and associated costs Potential new business partnership opportunities with IBM Eliminate uncertainty regarding litigation outcome
negative
Because the terms of the settlement are confidential, there is a lack of transparency for investors about the potential financial impact.
insight
The resolution of the lawsuit between GlobalFoundries and IBM represents a strategic shift from an adversarial position to the possibility of cooperation. A confidential settlement eliminates significant legal risk and associated costs for both parties. Historical precedent for semiconductor industry settlements often includes cross-licensing agreements and technology-sharing provisions, but we are unable to confirm the specific terms here due to confidentiality.
A joint statement from the two CEOs suggests a carefully negotiated agreement that is likely to preserve important intellectual property rights while establishing the framework for a future partnership. This type of resolution typically includes both financial considerations and forward-looking business arrangements. The timing of early 2025 suggests this was likely a priority to set the stage for new strategic initiatives this year.
The settlement could be the catalyst for significant industry restructuring in the semiconductor field. As a pure foundry, GlobalFoundries has the potential to access IBM’s advanced research capabilities and extensive patent portfolio. By way of background, IBM consistently ranks among the top patent holders in the United States, with particular strength in emerging computing architectures and advanced packaging technologies.
The prospect of new cooperation between these companies has far-reaching implications for the semiconductor ecosystem. Combining IBM’s quantum computing and artificial intelligence expertise with GF’s manufacturing capabilities could accelerate the development of chips specifically for these emerging technologies. This potential partnership comes at a critical time as the industry faces increasing demand for specialized semiconductor solutions.
2025/02/01 – 8:00 AM
Reconciliation paves the way for future cooperation
MALTA, N.Y. and ARMONK, N.Y., Jan. 2, 2025 (Globe Newswire) — GlobalFoundries (Nasdaq: GFS) (GF) and IBM (NYSE: IBM) today reached a settlement in their ongoing litigation. announced that it did. We resolve all litigation matters involving breach of contract, trade secret, and intellectual property claims between the parties. This settlement brings an end to the ongoing legal dispute and allows both companies to explore new opportunities for cooperation in areas of mutual interest.
Details of the settlement are confidential and both parties have expressed satisfaction with the outcome.
“We are pleased to have reached a positive resolution with IBM and look forward to new opportunities to build on our long-standing partnership to further strengthen the semiconductor industry,” said Dr. Thomas Caulfield, President and CEO of GF. I’m looking forward to it.”
“Resolving these disputes is an important step forward for both companies, allowing both parties to focus on future innovations that will benefit their organizations and customers,” said Arvind Krishna, IBM Chairman and CEO. ” he said.
About GF
GlobalFoundries (GF) is a leading manufacturer of semiconductors essential to how the world lives, works and connects. We innovate and partner with our customers to deliver more power-efficient, high-performance products for automotive, smart mobile devices, Internet of Things, communications infrastructure and other high-growth markets. With global manufacturing locations spanning the United States, Europe, and Asia, GF is a trusted source for customers around the world. Our talented and diverse team delivers results every day with a relentless focus on security, longevity, and sustainability. For more information, please visit www.gf.com.
©GlobalFoundries Inc., GF, GlobalFoundries, the GF logo and other GF marks are trademarks of GlobalFoundries Inc. or its subsidiaries. All other trademarks are the property of their respective owners.
Forward-looking information
This news release may contain forward-looking statements that involve risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements. These forward-looking statements speak only as of the date hereof. GF undertakes no obligation to update these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual results, except as required by law. I am not responsible.
About IBM
IBM is a leading provider of global hybrid cloud, AI, and consulting expertise. We help clients in more than 175 countries leverage insights from data to streamline business processes, reduce costs, and gain a competitive edge in their industries. More than 4,000 government agencies and corporations in critical infrastructure sectors such as financial services, telecommunications, and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to digitally transform quickly, efficiently, and securely. I’m doing it. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting provide open and flexible options for our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, accountability, inclusion, and service. For more information, please visit www.ibm.com.
Media contact:
Erica McGill
Global Foundries
erica.mcgill@gf.com
Adam Pratt
IBM
apratt@us.ibm.com
FAQ
What legal issues were resolved between GlobalFoundries (GFS) and IBM?
The settlement resolves all litigation matters between GFS and IBM, including breach of contract, trade secret, and intellectual property claims.
When did GlobalFoundries and IBM announce a lawsuit settlement?
GlobalFoundries and IBM announced a legal settlement on January 2, 2025.
What are the financial terms of the GFS and IBM settlement?
The financial terms of the settlement between GlobalFoundries and IBM are confidential and were not disclosed in the announcement.
How will this settlement affect future cooperation between GFS and IBM?
The settlement paves the way for future cooperation between GFS and IBM in areas of mutual interest and strengthens the companies’ existing partnership in the semiconductor industry.
How will the IBM settlement affect GFS’ business operations?
The settlement will allow GFS to resolve its ongoing legal dispute with IBM while focusing on future innovation and strengthening the semiconductor industry.
