International Business Machines Corporation IBM recently announced that it has reached a settlement on the company’s ongoing legal issues with GlobalFoundries, Inc. GFS. The resolution includes the ...

Jan 2 (Reuters) - GlobalFoundries (GFS.O), opens new tab and IBM (IBM.N), opens new tab said on Thursday they have settled dueling lawsuits in which GlobalFoundries was accused of breaching a ...

MALTA — GlobalFoundries and IBM have settled their long-simmering litigation related to a $1.5 billion manufacturing and technology transfer deal the two companies struck more than a decade ago.

IBM Corp. and GlobalFoundries Inc. announced today that they’ve agreed to end a years-long legal dispute that focused on their respective chip development efforts. For nearly five decades ...

GlobalFoundries (GFS) and IBM (IBM) announced that the two companies have reached a settlement in their ongoing lawsuits, resolving all litigation matters, inclusive of breach of contract ...

GlobalFoundries Inc ( (GFS) ) just unveiled an announcement.

IBM and GlobalFoundries (GF) have reached a settlement in their long-running legal dispute which saw both companies claim breach of contract and misuse of trade secrets and intellectual property. In a ...

The tech giant International Business Machines (IBM) and GlobalFoundries have agreed to settle all legal disputes between them. This includes lawsuits about broken contracts and claims of sharing ...

Companies such as CNN, Dropbox, and IBM have previously announced job cuts related to AI. Tech jobs in big data, fintech, and ...

The legal dispute between IBM's processor division and the chip contract manufacturer Globalfoundries (GF) lasted 3.5 years. Now both parties have reached an out-of-court settlement – Details ...

GlobalFoundries bought IBM's semiconductor plants in 2015. IBM sued the Malta, N.Y.-based company in New York state court in 2021 for allegedly breaking a $1.5 billion contract to make high ...

MALTA, N.Y. and ARMONK, N.Y., Jan. 02, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) and IBM (NYSE: IBM) today announced that the two companies have reached a settlement in their ...