GlobalFoundries raises $2.6B in an IPO, selling shares for $47, valuing the company at over $25B, the third biggest US listing in 2021 behind Coupang and Didi (Bloomberg)

Bloomberg:
GlobalFoundries raises $2.6B in an IPO, selling shares for $47, valuing the company at over $25B, the third biggest US listing in 2021 behind Coupang and Didi  —  - Chipmaker's shares price at top of $42-$47 marketed range  — Mubadala's portion of share sale increased from earlier plan



from Techmeme https://ift.tt/3byAnBP

Comments

Post a Comment

Popular posts from this blog

Microsoft says it has no plans to add more backward compatible titles for Xbox One, but says Project Scarlett will run games from all four Xbox generations (Tom Warren/The Verge)

Image
Tom Warren / The Verge : Microsoft says it has no plans to add more backward compatible titles for Xbox One, but says Project Scarlett will run games from all four Xbox generations   —  No more Xbox 360 and Xbox additions to the catalog  —  Microsoft is winding down new additions to its Xbox backward compatibility catalog. from Techmeme http://bit.ly/2Iw9XkX
Read more

An in-depth look at Mike Speiser's investment playbook at Sutter Hill Ventures, who as a founding investor incubated Snowflake Computing as an interim CEO (Kevin/kwokchain)

Image
Kevin / kwokchain : An in-depth look at Mike Speiser's investment playbook at Sutter Hill Ventures, who as a founding investor incubated Snowflake Computing as an interim CEO   —  In Formula 1 racing, you can win a world championship as a driver with one team but then not even make the top 10 without that team's car and infrastructure. from Techmeme https://ift.tt/32Wmt94
Read more

Tencent-backed Chinese online education startup Huohua Siwei, which offers K-12 math and science courses, closes its $400M Series E at a $1.5B valuation (Emma Lee/TechNode)

Image
Emma Lee / TechNode : Tencent-backed Chinese online education startup Huohua Siwei, which offers K-12 math and science courses, closes its $400M Series E at a $1.5B valuation   —  Huohua Siwei, an education platform backed by Tencent and short video app Kuaishou, has been valued at $1.5 billion after receiving … from Techmeme https://ift.tt/36AAydN
Read more