IBM and Globalfoundries sued each other for breach of contract. They have now reached an out-of-court settlement.

Tech giant IBM and GlobalFoundries have announced a settlement, resolving all litigation matters, including breach of contract, trade secrets, and intellectual property claims. The lawsuits ...

GlobalFoundries (Nasdaq: GFS) (GF) and IBM (NYSE: IBM) today announced that the two companies have reached a settlement in ...

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 ...

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 and IBM announced on January 2, 2025, that they had settled their ongoing legal battles, which included claims of breach of contract, trade secrets, and intellectual property disputes.

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 ...

(Reuters) -GlobalFoundries and IBM said on Thursday they have settled dueling lawsuits in which GlobalFoundries was accused of breaching a contract with IBM and the computer giant was alleged to have ...

REUTERS/Nacho Doce/File Photo By Blake Brittain GlobalFoundries and IBM said on Thursday that they have settled dueling lawsuits claiming that GlobalFoundries breached a contract with IBM and that ...

The companies did not disclose the financial terms of the settlement while both parties expressed satisfaction with the ...

Computing giant IBM has settled its lawsuits with semiconductor manufacturer GlobalFoundries. In the lawsuits, IBM accused the chipmaker of breaching a contract with it, while GlobalFoundries ...