GlobalFoundries completes purchase of Synopsys ARC processor IP business
GlobalFoundries completed its acquisition of Synopsys' ARC Processor IP Solutions business. The ARC portfolio is being combined with GlobalFoundries' MIPS RISC-V IP into one processor and AI-core suite, and MIPS is now part of GlobalFoundries. Synopsys keeps its interface and foundation IP portfolio.
- Closed June 2, 2026, completing the sale announced January 14
- ARC combined with MIPS RISC-V IP; suite backed by more than 150 patents and over 300 IP customers (company figures)
- ASIP Designer and ASIP Programmer tools transfer with the business
- Synopsys keeps interface and foundation IP
Source
MIPS (GlobalFoundries) press releaseJun 2, 2026