Add-on Acquisition • Semiconductors

GlobalFoundries Acquires MIPS

On July 8, 2025, GlobalFoundries acquired semiconductors company MIPS

Acquisition Context
  • This is GlobalFoundries’ 2nd transaction in the Semiconductors sector.
  • This is GlobalFoundries’ 2nd transaction in the United States.
  • This is GlobalFoundries’ 1st transaction in California.

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M&A Deal Summary

Date July 8, 2025
Target MIPS
Sector Semiconductors
Buyer(s) GlobalFoundries
Deal Type Add-on Acquisition

Target Company

MIPS

San Jose, California, United States
MIPS provides compute subsystems for autonomous platforms in automotive, industrial, and embedded markets. The company simplifies the adoption of Physical AI in industrial robotics and automotive applications. Its technology is based on the open specification RISC-V instruction set architecture, featuring MIPS pioneering, patented, multi-threaded capabilities to move beyond proprietary legacy architecture lock-ins. MIPS is based in San Jose, California.
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Buyer Overview 1

Buyer

GlobalFoundries

Malta, New York, United States

Category Company
Founded 2009
Sector Semiconductors
Employees13,000
Revenue 6.8B USD (2024)
DESCRIPTION

GlobalFoundries is a semiconductor manufacturer that delivers feature-rich solutions that enable its customers to develop innovative products for pervasive chips for high-growth markets. GF provides a broad range of feature-rich process technology solutions with a unique mix of design,?development?, and fabrication services. GlobalFoundries was formed in 2009 and is based in Malta, New York.


Deal Context for Buyer #
Overall 2 of 3
Sector: Semiconductors 2 of 3
Type: Add-on Acquisition 1 of 2
State: California 1 of 1
Country: United States 2 of 2
Year: 2025 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-01 Tagore Technology - Power Gallium Nitride IP portfolio

Arlington Heights, Illinois, United States

Tagore Technology’s Power Gallium Nitride (GaN) IP portfolio is a high-power density solution designed to push the boundaries of efficiency and performance in a wide range of power applications in automotive, internet of things (IoT) and artificial intelligence (AI) datacenter.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-11-17 Advanced Micro Foundry

Singapore, Singapore

Advanced Micro Foundry is a specialty Silicon Photonics foundry that offers a full spectrum of manufacturing, prototyping, and testing services, all supported by proprietary technology platforms. These platforms are enhanced by continuously evolving Process Design Kits (PDKs), which are designed in-house for applications in sectors like Telecom, Data Centers, LiDAR, and Sensors. Advanced Micro Foundry is based in Singapore.

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