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Following a year of discussion,<ref>{{cite web|title=IBM Looking to Sell Chip Manufacturing Operations|url=https://www.wsj.com/articles/SB10001424052702303496804579367710245657016|website=The Wall Street Journal|date=February 7, 2014 |publisher=Dow Jones & Company |last1=Clark |first1=Don |last2=Ante |first2=Spencer E. }}</ref><ref>{{Cite web|last=Brodkin|first=Jon|date=October 20, 2014|title=Struggling IBM pays $1.5 billion to dump its chipmaking business|url=https://arstechnica.com/information-technology/2014/10/struggling-ibm-pays-1-5-billion-to-dump-its-chipmaking-business/|access-date=December 18, 2021|website=Ars Technica|language=en-us}}</ref> in 2015, IBM divested its entire Microelectronics Division, now only comprising the East Fishkill and Burlington facilities, to [[GlobalFoundries]]—itself a spin-off of once long-time rival [[AMD]]. As part of the deal, IBM paid GlobalFoundries $1.5 billion in exchange for the latter supplying IBM with high semiconductor technology for the next decade.<ref name=poughkeepsiejournal2015 /><ref name=mynbc5 /> The Quebec plant remained unaffected by the deal, having been placed under IBM's Canadian subsidiary.<ref name=quebec />
In 2019, [[Marvell Technology|Marvell]] acquired Avera Semiconductor from GlobalFoundries, that was previously part of IBM Microelectronics.<ref>{{Cite web |last=Frumusanu |first=Andrei |title=Marvell Unveils its Comprehensive Custom ASIC Offering |url=https://www.anandtech.com/show/15931/marvell-unveils-its-comprehensive-custom-asic-offering |archive-url=https://web.archive.org/web/20200728013445/https://www.anandtech.com/show/15931/marvell-unveils-its-comprehensive-custom-asic-offering |url-status=dead |archive-date=July 28, 2020 |access-date=2023-04-17 |website=www.anandtech.com}}</ref>
In 2021, IBM and GlobalFoundries sued each other for breach of contract, with IBM alleging that GlobalFoundries misused the $1.5 billion in unrelated ventures. IBM stated:<ref name="burlingtonfreepress">{{cite web | last=D'Ambrosio | first=Dan | date=June 11, 2021 | url=https://www.burlingtonfreepress.com/story/news/2021/06/11/ibm-sues-globalfoundries-breach-contract-semiconductor-spat-essex-junction-microelectronics-vt/7652597002/ | title=IBM sues GlobalFoundries for breach of contract, wants its $1.5 billion back and more | work=Burlington Free Press | publisher=Gannett Company | archiveurl=https://archive.today/20230124202452/https://www.burlingtonfreepress.com/story/news/2021/06/11/ibm-sues-globalfoundries-breach-contract-semiconductor-spat-essex-junction-microelectronics-vt/7652597002/ | archivedate=January 24, 2023}}</ref>
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== External links ==
* {{webarchive | url=https://web.archive.org/web/19961222145642/http://www.chips.ibm.com/ | date=December 22, 1996 | title=Official website}}
* {{cite web | last=Pickup | first=Lance | date=July 1, 2015 | url=https://www.linkedin.com/pulse/reflections-transfer-ibm-microelectronics-global-foundries-pickup | title=Reflections on the transfer of IBM Microelectronics to Global Foundries | work=Pulse | publisher=LinkedIn
{{IBM}}
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