Chipmaker GlobalFoundries (GF) has acquired Tagore Technology’s gallium nitride (GaN) IP portfolio.
The financial terms of the deal have not been disclosed.
Founded in 2011, Tagore Technology is a fabless chip company that develops gallium nitride-on-silicon (GaN-on-Si) semiconductor technology for radio frequency and power management applications.
In a statement, GlobalFoundries said that under the terms of the deal, a team of experienced engineers from Tagore, dedicated to the development of GaN technology, will be joining GF. It is unclear if those engineers will be transferred from Tagore’s design center in Arlington Heights, Illinois, or Kolkata, India.
GaN is a wide-bandgap material and can handle higher amounts of power than silicon. As a result, GaN-based chips can be more efficient and durable than their silicon counterparts and are becoming more widely used across various industries, particularly for power electronics applications.
In February 2024, GlobalFoundries was awarded $1.5 billion by the US government under the CHIPS and Science Act.
That funding will be used, in part, to modernize the company’s Trusted 200mm facility in Essex Junction, Vermont, creating the first US facility capable of high-volume manufacturing of next-generation GaN semiconductors.
“We are committed to being the foundation of our customers’ power applications today and for decades to come,” said Niels Anderskouv, chief business officer at GlobalFoundries. “With this acquisition, GF takes another step toward accelerating the availability of GaN and empowering our customers to build the next generation of power management solutions that will reshape the future of mobility, connectivity, and intelligence.”
Amitava Das, co-founder and chief operating officer of Tagore Technology, added: “The team and I are excited to join GlobalFoundries to increase our focus on market-leading IP that will help address power design challenges and support the continued evolution of automotive, industrial, and AI data center power delivery systems.”
In May 2024, GlobalFoundries partnered with the US National Science Foundation and Micron to support semiconductor workforce development initiatives at minority-serving institutions.
Under the terms of the partnership, the three organizations pledged to work with industry leaders, government, and educational institutions to increase access and opportunities in the semiconductor industry from attendees of historically Black colleges and universities, Hispanic-serving institutions, and Asian American and Native American Pacific Islander-serving Institutions across the US.
