IBM signs agreements with the Government of Canada and the Government of Quebec to invest in IBM Canada’s Bromont semiconductor packaging and R&D expansion
Type: Investment · Technology: Other · Country: Canada · Value: CAD 187M · Announced: 2024-04-26
IBM, the Government of Canada and the Government of Quebec announced agreements on 2024-04-26 reflecting a combined investment of approximately C$187M to expand chip assembly, testing and advanced packaging capacity and R&D at IBM Canada’s Bromont plant in Bromont, Quebec.
Counterparties
- Government of Quebec (Investor)
- IBM Canada Ltd (Developer)
- International Business Machines Corporation (Investor)
- Government of Canada (Investor)
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