Agoracom: Small Cap Investment - POET Technologies Inc. - IBM/GF deal failed due to IBM not giving GF $2Bil but there may be another deal

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

Reply New Message

Back To Forum List View

jets911

Rank: Treasurer [?]

Points: 4453 [?]

Votes: 158 Score: 2.4 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

IBM/GF deal failed due to IBM not giving GF $2Bil but there may be another deal

posted on Aug 04, 2014 04:14PM

More on the IBM GF deal. Sounds like GF wanted $1Bil more than IBM was prepared to pay to unload its dog. From Bloomberg, Aug 4, 2014, 3:25:48 PM International Business Machines Corp. (IBM) was willing to pay Globalfoundries Inc. to take on IBM’s money-losing chip-manufacturing operations, according to a person familiar with the process. To read the entire article, go to http://bloom.bg/UO6raM

4 Recommendations

Reply New Message

Back To Forum List View

Please to post a reply