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GlobalFoundries to Acquire MIPS to Accelerate AI and Compute Capabilities

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GlobalFoundries (Nasdaq: GFS) has announced a definitive agreement to acquire MIPS, a leading AI and processor IP supplier. The strategic acquisition will enhance GF's portfolio with RISC-V processor IP and software tools focused on real-time computing applications.

The deal aims to strengthen GF's position in autonomous mobility, industrial automation, datacenter, and intelligent edge markets. MIPS recently launched its Atlas portfolio, featuring compute cores for real-time processing and specialized AI edge processing, along with the Atlas Explorer virtual platform for optimization.

Post-acquisition, MIPS will operate as a standalone business within GF. The transaction is expected to close in H2 2025, subject to regulatory approvals.

GlobalFoundries (Nasdaq: GFS) ha annunciato un accordo definitivo per acquisire MIPS, un importante fornitore di IP per AI e processori. Questa acquisizione strategica arricchirà il portafoglio di GF con IP di processori RISC-V e strumenti software dedicati ad applicazioni di calcolo in tempo reale.

L'operazione mira a rafforzare la posizione di GF nei settori della mobilità autonoma, automazione industriale, data center e mercati edge intelligenti. MIPS ha recentemente lanciato il suo portafoglio Atlas, che include core di calcolo per l'elaborazione in tempo reale e l'elaborazione AI edge specializzata, insieme alla piattaforma virtuale Atlas Explorer per l'ottimizzazione.

Dopo l'acquisizione, MIPS opererà come business indipendente all'interno di GF. La chiusura della transazione è prevista per la seconda metà del 2025, soggetta alle approvazioni regolamentari.

GlobalFoundries (Nasdaq: GFS) ha anunciado un acuerdo definitivo para adquirir MIPS, un proveedor líder de IP para IA y procesadores. Esta adquisición estratégica ampliará el portafolio de GF con IP de procesadores RISC-V y herramientas de software enfocadas en aplicaciones de computación en tiempo real.

El acuerdo busca fortalecer la posición de GF en los mercados de movilidad autónoma, automatización industrial, centros de datos y edge inteligente. MIPS lanzó recientemente su portafolio Atlas, que incluye núcleos de cómputo para procesamiento en tiempo real y procesamiento AI especializado en el edge, junto con la plataforma virtual Atlas Explorer para optimización.

Tras la adquisición, MIPS operará como un negocio independiente dentro de GF. Se espera que la transacción se cierre en la segunda mitad de 2025, sujeta a aprobaciones regulatorias.

GlobalFoundries (나스닥: GFS)는 AI 및 프로세서 IP 선도 공급업체인 MIPS를 인수하는 최종 계약을 발표했습니다. 이번 전략적 인수로 GF는 실시간 컴퓨팅 애플리케이션에 중점을 둔 RISC-V 프로세서 IP와 소프트웨어 도구를 포트폴리오에 추가하게 됩니다.

이번 계약은 자율 모빌리티, 산업 자동화, 데이터센터, 지능형 엣지 시장에서 GF의 입지를 강화하는 것이 목표입니다. MIPS는 최근 실시간 처리 및 특화된 AI 엣지 처리를 위한 컴퓨트 코어와 최적화를 위한 Atlas Explorer 가상 플랫폼을 포함한 Atlas 포트폴리오를 출시했습니다.

인수 후 MIPS는 GF 내에서 독립 사업체로 운영될 예정입니다. 거래는 규제 승인에 따라 2025년 하반기에 완료될 것으로 예상됩니다.

GlobalFoundries (Nasdaq : GFS) a annoncé un accord définitif pour acquérir MIPS, un fournisseur majeur d’IP pour l’IA et les processeurs. Cette acquisition stratégique enrichira le portefeuille de GF avec des IP de processeurs RISC-V et des outils logiciels axés sur les applications de calcul en temps réel.

L’accord vise à renforcer la position de GF sur les marchés de la mobilité autonome, de l’automatisation industrielle, des centres de données et de l’edge intelligent. MIPS a récemment lancé son portefeuille Atlas, comprenant des cœurs de calcul pour le traitement en temps réel et le traitement AI spécialisé en edge, ainsi que la plateforme virtuelle Atlas Explorer pour l’optimisation.

Après l’acquisition, MIPS fonctionnera comme une entité indépendante au sein de GF. La clôture de la transaction est prévue pour le second semestre 2025, sous réserve des approbations réglementaires.

GlobalFoundries (Nasdaq: GFS) hat eine endgültige Vereinbarung zur Übernahme von MIPS, einem führenden Anbieter von KI- und Prozessor-IP, bekannt gegeben. Die strategische Übernahme wird das Portfolio von GF um RISC-V-Prozessor-IP und Software-Tools für Echtzeit-Computing-Anwendungen erweitern.

Der Deal zielt darauf ab, die Position von GF in den Bereichen autonome Mobilität, industrielle Automatisierung, Rechenzentren und intelligente Edge-Märkte zu stärken. MIPS hat kürzlich sein Atlas-Portfolio vorgestellt, das Rechenkerne für Echtzeitverarbeitung und spezialisierte KI-Edge-Verarbeitung sowie die virtuelle Plattform Atlas Explorer zur Optimierung umfasst.

Nach der Übernahme wird MIPS als eigenständiges Unternehmen innerhalb von GF operieren. Der Abschluss der Transaktion wird für das zweite Halbjahr 2025 erwartet und steht unter dem Vorbehalt regulatorischer Genehmigungen.

Positive
  • Strategic expansion into AI and processor IP market through MIPS acquisition
  • Access to MIPS' Atlas portfolio of RISC-V compute cores and software tools
  • Enhanced ability to offer customizable IP solutions integrated with GF's process technologies
  • Strengthened position in high-growth markets including automotive, industrial automation, and datacenter
Negative
  • Regulatory approval requirements could delay or affect deal closure
  • Integration challenges of maintaining MIPS as standalone business while achieving synergies
  • No disclosed financial terms or transaction value to assess deal economics

Insights

GF's MIPS acquisition enhances its competitive position by adding RISC-V IP to its foundry offerings, creating vertical integration opportunities.

GlobalFoundries' acquisition of MIPS represents a strategic vertical integration move in the semiconductor industry. By acquiring MIPS, GF is expanding beyond pure-play foundry services to include valuable intellectual property in the form of RISC-V processor designs and associated software tools.

The RISC-V architecture that MIPS has embraced is gaining significant momentum as an open-source alternative to proprietary instruction set architectures. This acquisition positions GF to capture value across more of the semiconductor stack by offering customers not just manufacturing capabilities but also pre-integrated processor IP specifically optimized for their process nodes.

The Atlas portfolio from MIPS provides specialized cores for AI edge processing, which aligns perfectly with the growing demand for AI compute capabilities distributed across devices rather than centralized in datacenters. This addresses the critical market need for Physical AI - artificial intelligence capabilities embedded in edge devices with real-time processing requirements.

The structure of the deal, maintaining MIPS as a standalone business, suggests GF will preserve MIPS' ability to serve customers across various technology platforms while creating preferential integration paths with GF's manufacturing processes. This approach maximizes the value of the acquisition while minimizing disruption to existing MIPS customers.

For GF, this acquisition represents a meaningful shift in strategy, moving beyond process technology differentiation to include IP and software capabilities. This could potentially improve margins and create stronger customer lock-in by offering more complete solutions rather than commoditized manufacturing services.

Acquisition will expand GF portfolio with cutting-edge RISC-V processor IP and software tools for real-time computing in autonomous mobility, industrial automation, datacenter and intelligent edge applications

MALTA, N.Y. and SAN JOSE, Calif., July 08, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today announced a definitive agreement to acquire MIPS, a leading supplier of AI and processor IP. This strategic acquisition will expand GF’s portfolio of customizable IP offerings, allowing it to further differentiate its process technologies with IP and software capabilities.

“MIPS brings a strong heritage of delivering efficient, scalable compute IP tailored for performance-critical applications, which strategically aligns with the evolving demands of AI platforms across diverse markets,” said Niels Anderskouv, president and chief operating officer at GlobalFoundries. “Through this acquisition, we will expand our capabilities to offer customers more flexible solutions, paired with our differentiated process technologies and world-class manufacturing to help them build best-in-class products. This acquisition will be a powerful step forward to push the boundaries of efficiency and performance across a broad range of applications in automotive, industrial and datacenter infrastructure.”

MIPS recently expanded its processor IP offerings, based on open RISC-V specification, with the launch of its Atlas portfolio, a comprehensive suite of compute cores designed for real-time and application processing as well as specialized AI edge processing cores. Additionally, MIPS also introduced Atlas Explorer, a virtual platform that enables optimization of performance, power and area to shift-left in the design cycle.

“Becoming part of GlobalFoundries marks the start of a bold new chapter for MIPS,” said Sameer Wasson, CEO of MIPS. “GF’s proven track record in delivering differentiated technologies through a secure, global manufacturing footprint will enhance our ability to accelerate innovation and scale our solutions—unlocking new opportunities in the Physical AI space and driving even greater value for our customers.”

The acquisition of MIPS is subject to the satisfaction of customary closing conditions, including the receipt of required regulatory approvals, and is expected to be completed in the second half of 2025. Following the acquisition, MIPS will continue to operate as a standalone business within GF and serve its customers across a broad range of technologies.

About MIPS
MIPS is the leading provider of compute subsystems for autonomous platforms in automotive, industrial, and embedded markets. With a 40-year heritage in RISC computing innovation and safety capable processing, MIPS is uniquely positioned to simplify the adoption of Physical AI in industrial robotics and automotive applications. MIPS 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. For more information, please visit MIPS.com.

About GF
GlobalFoundries (GF) is a leading manufacturer of essential semiconductors the world relies on to live, work and connect. We innovate and partner with customers to deliver more power-efficient, high-performance products for the automotive, smart mobile devices, internet of things, communications infrastructure and other high-growth markets. With our global manufacturing footprint spanning the U.S., Europe and Asia, GF is a trusted and reliable source for customers around the world. Every day, our talented and diverse team delivers results with an unyielding focus on security, longevity and sustainability. For more information, visit www.gf.com.

©GlobalFoundries Inc., GF, GlobalFoundries, the GF logos and other GF marks are trademarks of GlobalFoundries Inc. Or its subsidiaries. All other trademarks are the property of their respective owners.

Forward-looking Information
This news release may contain forward-looking statements, which involve risks and uncertainties. Readers are cautioned not to place undue reliance on any of these forward-looking statements. These forward-looking statements speak only as of the date hereof. GF undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual outcomes, unless required by law. 

Media Contact:
Erica McGill
erica.mcgill@gf.com
+1-518-795-5240


FAQ

What is the strategic rationale behind GlobalFoundries' acquisition of MIPS?

GF is acquiring MIPS to expand its portfolio with RISC-V processor IP and software tools, enabling the company to offer more differentiated solutions in AI, autonomous mobility, industrial automation, and datacenter markets.

When will GlobalFoundries complete the MIPS acquisition?

The acquisition is expected to close in the second half of 2025, subject to customary closing conditions and regulatory approvals.

What products does MIPS bring to GlobalFoundries' portfolio?

MIPS brings its Atlas portfolio of compute cores for real-time and application processing, AI edge processing cores, and the Atlas Explorer virtual platform for performance optimization.

How will MIPS operate after being acquired by GlobalFoundries?

MIPS will continue to operate as a standalone business within GF and serve its customers across various technologies.

What markets will benefit from the GlobalFoundries-MIPS merger?

The merger will benefit customers in autonomous mobility, industrial automation, datacenter infrastructure, and intelligent edge applications.
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