September 23, 2014 6:28 AM ET

Semiconductors and Semiconductor Equipment

Company Overview of GLOBALFOUNDRIES Inc.

Company Overview

GLOBALFOUNDRIES Inc. provides semiconductor manufacturing services to high tech customers worldwide. It offers direct and indirect supplementary, post-wafer-manufacturing, prototyping, mask, manufacturing, 300mm, 200mm, lean manufacturing, APM framework, supply chain management, and turnkey services. The company was founded in 2009 and is based in Milpitas, California with manufacturing centers in Germany; Malta, New York; and Singapore. It has regional sales and support offices in Shanghai, Yokohama, Hsinchu, Austin, London, and Munich. The company also has research, development, and design enablement facilities in San Francisco, California; and Dresden, Germany.

840 North McCarthy Boulevard

Milpitas, CA 95035

United States

Founded in 2009

Phone:

408-462-3900

Key Executives for GLOBALFOUNDRIES Inc.

Chief Executive Officer
Age: 50
Chief Financial Officer and Executive Vice President of Finance & Administration
Age: 48
Chief Technology Officer and Senior Vice President
Chief Legal Officer
Age: 59
Head of Strategy & Corporate Development and Senior Vice President
Compensation as of Fiscal Year 2014.

GLOBALFOUNDRIES Inc. Key Developments

GLOBALFOUNDRIES Announces Executive Changes

GLOBALFOUNDRIES announced that Louis 'Lou' Lupin has joined the company as senior vice president and chief legal officer. In this role, Lupin is responsible for the company's global legal affairs including litigation, intellectual property and corporate matters and will oversee all compliance programs. Lupin has also assumed the role as secretary to the GLOBALFOUNDRIES board of directors. Lupin succeeds Alexie Lee, who had served as GLOBALFOUNDRIES' general counsel since the inception of the company and who has recently taken on the role of chief of staff to the CEO. Before joining GLOBALFOUNDRIES, Lupin was a legal consultant to Qualcomm Incorporated since 2008. Prior to that, he served as Qualcomm's executive vice president, general counsel, and assistant secretary to the board, and as a member of the executive committee. He also sits on the advisory boards of a number of public and private companies.

IBM Reportedly Ends Talks With GLOBALFOUNDRIES For Chip-Making Unit's Sale

International Business Machines Corporation (NYSE:IBM) has ended talks with GLOBALFOUNDRIES Inc. about a possible sale of its chip-making unit after IBM rejected an offer that it considered too low, according to Bloomberg, citing people familiar with the matter.

GlobalFoundries Reportedly Nears Deal To Acquire IBM Corp.'s Microprocessor Business

GLOBALFOUNDRIES Inc. appears to be on the verge of acquiring International Business Machines Corporation (NYSE:IBM), Microprocessor Business. Bloomberg News reported on June 11, 2014, that the two companies are "nearing a deal." "GlobalFoundries is primarily interested in acquiring IBM's engineers and intellectual property rather than manufacturing facilities, which have little value as they are more than a decade old," the Bloomberg article said, citing people with knowledge of the structure of the deal. "GlobalFoundries is primarily interested in acquiring IBM's engineers and intellectual property rather than manufacturing facilities, which have little value as they are more than a decade old," the Bloomberg article said, citing people with knowledge of the structure of the deal.

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