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GLOBALFOUNDRIES will acquire and operate existing IBM semiconductor manufacturing operations and facilities in East Fishkill, New York and Essex Junction, Vermont.
Cash consideration of $1.5 billion is expected to be paid to GLOBALFOUNDRIES by IBM over the next three years
http://www-03.ibm.com/press/us/en/pressrelease/45110.wss
"Please take this off our hands. We'll pay you $1.5 billion to buy our mfg operations." Wow, that's an insentive.