When GlobalFoundries announced plans to acquire MIPS earlier this week, it looked like the company decided to change its strategy once again and build its own processors, thus competing with some of its customers. However, after talking with the company, we can confirm that this is not the case and that GlobalFoundries does not have ambitions to become an integrated device manufacturer. Instead, it will be able to offer a pret-a-porter compute IP to its clients to speed up their time to market.
"The acquisition of MIPS will enhance GlobalFoundries’ ability to deliver more complete and differentiated offerings to its customers," Erica McGill, director of corporate communications at GlobalFoundries, told Tom's Hardware. "By integrating MIPS' proven RISC-V processor IP and software tools, GF customers will benefit from broader access to compute IP, improved time-to-market, greater flexibility and openness, and better technologies for high-growth markets. The move will position GF as a more strategic partner, offering not just manufacturing but also foundational compute technologies that will help customers build smarter, faster and more efficient products."
