Intel exploring deal to buy US chipmaker GlobalFoundries for $30B
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Intel Corp. is said to be in talks about acquiring the chipmaker GlobalFoundries Inc. in a deal that could be worth as much as $30 billion, which would make it Intel’s largest-ever acquisition.
The news was first reported by the Wall Street Journal, which cites people familiar with the matter as saying the talks involve GlobalFoundries’ owner Mubadala Investment Co., an investment arm of the Abu Dhabi government that’s based in the U.S.
GlobalFoundries earlier this year filed for an initial public offering and could still go ahead with that, as no deal is guaranteed, the Journal said.
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