<human>: Question: What was the name of the company that IBM Micro Electronics was offloaded to?

Is "In 2014, IBM announced that it would go "fabless" by offloading IBM Micro Electronics semiconductor manufacturing to GlobalFoundries, a leader in advanced technology manufacturing, citing that semiconductor manufacturing is a capital-intensive business which is challenging to operate without scale." the correct answer?

OPTIONS:
- yes
- no
<bot>: yes