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GlobalFoundries completes acquisition of Synopsys’ ARC processor IP business to build physical AI platform

GlobalFoundries (GF) has completed its acquisition of Synopsys’ ARC Processor IP Solutions business, the company announced on June 2. The acquisition adds to GF’s existing MIPS subsidiary, combining two processor IP portfolios into a single offering that spans RISC-V processor IP, software tools, custom silicon design, and semiconductor manufacturing.