Acquiring Company
GlobalFoundries
Acquired Company
MIPS
New YorkSan JoseSemiconductorsSemiconductorsDescription
GlobalFoundries has announced a definitive agreement to acquire MIPS, a leading supplier of AI and processor IP. This acquisition aims to expand GF's portfolio of customizable IP offerings and enhance its capabilities in the AI sector. MIPS will continue to operate as a standalone business within GF after the acquisition is completed in the second half of 2025.
Quick answer
GlobalFoundries is acquiring MIPS, announced July 8, 2025. GlobalFoundries is based in New York, United States.
- How much did GlobalFoundries pay for MIPS?
- The deal value was not disclosed.
- What does GlobalFoundries do?
- GlobalFoundries (GF) is one of the world’s leading semiconductor manufacturers.
- Where are GlobalFoundries and MIPS based?
- GlobalFoundries is based in New York, United States. MIPS is based in San Jose, California, United States.
Source: Fundz verified event record.
Other recent acquisitions in Semiconductors and Semiconductors
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Onto Innovation acquires Semilab for $545 million, $545M (June 30, 2025)
- AMD acquires Brium to enhance AI capabilities (June 4, 2025)
- AMD acquires Enosemi to boost photonics strategy (May 28, 2025)
Who to call at GlobalFoundries, and when
When GlobalFoundries changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day GlobalFoundries raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at GlobalFoundries, from your own LinkedIn network
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Frequently asked
Who acquired MIPS?
MIPS was acquired by GlobalFoundries, based in New York. The deal was reported on July 8, 2025. GlobalFoundries (GF) is one of the world’s leading semiconductor manufacturers. GlobalFoundries is publicly traded (GFS) and operates in Semiconductors.
When did GlobalFoundries acquire MIPS?
GlobalFoundries's acquisition of MIPS was reported on July 8, 2025. GlobalFoundries has announced a definitive agreement to acquire MIPS, a leading supplier of AI and processor IP. This acquisition aims to expand GF's portfolio of customizable IP offerings and enhance its capabilities in the AI sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does MIPS do?
MIPS is a leading developer of high-performance RISC-V compute IP for high-end automotive, computing and communications applications. It is privately held, operating in Semiconductors, and is based in San Jose.
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