diff --git a/src/core/inc/ipc.h b/src/core/inc/ipc.h
index 8038d87ba..8350af49e 100644
--- a/src/core/inc/ipc.h
+++ b/src/core/inc/ipc.h
@@ -21,6 +21,5 @@ struct vm_config;
 
 long int ipc_hypercall(unsigned long arg0, unsigned long arg1, unsigned long arg2);
 void ipc_init(void);
-struct shmem* ipc_get_shmem(size_t shmem_id);
 
 #endif /* IPC_H */
diff --git a/src/core/inc/shmem.h b/src/core/inc/shmem.h
new file mode 100644
index 000000000..470463673
--- /dev/null
+++ b/src/core/inc/shmem.h
@@ -0,0 +1,14 @@
+/**
+ * SPDX-License-Identifier: Apache-2.0
+ * Copyright (c) Bao Project and Contributors. All rights reserved.
+ */
+
+#ifndef SHMEM_H
+#define SHMEM_H
+
+#include <mem.h>
+
+void shmem_init(void);
+struct shmem* shmem_get(size_t shmem_id);
+
+#endif /* SHMEM_H */
diff --git a/src/core/ipc.c b/src/core/ipc.c
index 889ee18e8..ac57edaf9 100644
--- a/src/core/ipc.c
+++ b/src/core/ipc.c
@@ -9,6 +9,7 @@
 #include <vmm.h>
 #include <hypercall.h>
 #include <config.h>
+#include <shmem.h>
 
 enum { IPC_NOTIFY };
 
@@ -20,18 +21,6 @@ union ipc_msg_data {
     uint64_t raw;
 };
 
-static size_t shmem_table_size;
-static struct shmem* shmem_table;
-
-struct shmem* ipc_get_shmem(size_t shmem_id)
-{
-    if (shmem_id < shmem_table_size) {
-        return &shmem_table[shmem_id];
-    } else {
-        return NULL;
-    }
-}
-
 static struct ipc* ipc_find_by_shmemid(struct vm* vm, size_t shmem_id)
 {
     struct ipc* ipc_obj = NULL;
@@ -78,7 +67,7 @@ long int ipc_hypercall(unsigned long ipc_id, unsigned long ipc_event, unsigned l
     struct shmem* shmem = NULL;
     bool valid_ipc_obj = ipc_id < cpu()->vcpu->vm->ipc_num;
     if (valid_ipc_obj) {
-        shmem = ipc_get_shmem(cpu()->vcpu->vm->ipcs[ipc_id].shmem_id);
+        shmem = shmem_get(cpu()->vcpu->vm->ipcs[ipc_id].shmem_id);
     }
     bool valid_shmem = shmem != NULL;
 
@@ -103,31 +92,3 @@ long int ipc_hypercall(unsigned long ipc_id, unsigned long ipc_event, unsigned l
 
     return ret;
 }
-
-static void ipc_alloc_shmem()
-{
-    for (size_t i = 0; i < shmem_table_size; i++) {
-        struct shmem* shmem = &shmem_table[i];
-        if (!shmem->place_phys) {
-            size_t n_pg = NUM_PAGES(shmem->size);
-            struct ppages ppages = mem_alloc_ppages(shmem->colors, n_pg, false);
-            if (ppages.num_pages < n_pg) {
-                ERROR("failed to allocate shared memory");
-            }
-            shmem->phys = ppages.base;
-        }
-    }
-}
-
-void ipc_init(void)
-{
-    if (cpu_is_master()) {
-        shmem_table_size = config.shmemlist_size;
-        shmem_table = config.shmemlist;
-        ipc_alloc_shmem();
-
-        for (size_t i = 0; i < config.shmemlist_size; i++) {
-            config.shmemlist[i].cpu_masters = 0;
-        }
-    }
-}
diff --git a/src/core/objects.mk b/src/core/objects.mk
index 91d0be507..89cbdaa4d 100644
--- a/src/core/objects.mk
+++ b/src/core/objects.mk
@@ -13,3 +13,4 @@ core-objs-y+=console.o
 core-objs-y+=ipc.o
 core-objs-y+=objpool.o
 core-objs-y+=hypercall.o
+core-objs-y+=shmem.o
diff --git a/src/core/shmem.c b/src/core/shmem.c
new file mode 100644
index 000000000..b89a96881
--- /dev/null
+++ b/src/core/shmem.c
@@ -0,0 +1,47 @@
+/**
+ * SPDX-License-Identifier: Apache-2.0
+ * Copyright (c) Bao Project and Contributors. All rights reserved.
+ */
+
+#include <shmem.h>
+#include <config.h>
+
+static size_t shmem_table_size;
+static struct shmem* shmem_table;
+
+static void shmem_alloc()
+{
+    for (size_t i = 0; i < shmem_table_size; i++) {
+        struct shmem* shmem = &shmem_table[i];
+        if (!shmem->place_phys) {
+            size_t n_pg = NUM_PAGES(shmem->size);
+            struct ppages ppages = mem_alloc_ppages(shmem->colors, n_pg, false);
+            if (ppages.num_pages < n_pg) {
+                ERROR("failed to allocate shared memory");
+            }
+            shmem->phys = ppages.base;
+        }
+    }
+}
+
+struct shmem* shmem_get(size_t shmem_id)
+{
+    if (shmem_id < shmem_table_size) {
+        return &shmem_table[shmem_id];
+    } else {
+        return NULL;
+    }
+}
+
+void shmem_init()
+{
+    if (cpu_is_master()) {
+        shmem_table_size = config.shmemlist_size;
+        shmem_table = config.shmemlist;
+        shmem_alloc();
+
+        for (size_t i = 0; i < config.shmemlist_size; i++) {
+            config.shmemlist[i].cpu_masters = 0;
+        }
+    }
+}
diff --git a/src/core/vm.c b/src/core/vm.c
index 95d284566..7be37f1e8 100644
--- a/src/core/vm.c
+++ b/src/core/vm.c
@@ -8,6 +8,7 @@
 #include <mem.h>
 #include <cache.h>
 #include <config.h>
+#include <shmem.h>
 
 static void vm_master_init(struct vm* vm, const struct vm_config* vm_config, vmid_t vm_id)
 {
@@ -166,7 +167,7 @@ static void vm_init_ipc(struct vm* vm, const struct vm_config* vm_config)
     vm->ipcs = vm_config->platform.ipcs;
     for (size_t i = 0; i < vm_config->platform.ipc_num; i++) {
         struct ipc* ipc = &vm_config->platform.ipcs[i];
-        struct shmem* shmem = ipc_get_shmem(ipc->shmem_id);
+        struct shmem* shmem = shmem_get(ipc->shmem_id);
         if (shmem == NULL) {
             WARNING("Invalid shmem id in configuration. Ignored.");
             continue;
diff --git a/src/core/vmm.c b/src/core/vmm.c
index 478ac05e3..41257fbc5 100644
--- a/src/core/vmm.c
+++ b/src/core/vmm.c
@@ -10,7 +10,7 @@
 #include <spinlock.h>
 #include <fences.h>
 #include <string.h>
-#include <ipc.h>
+#include <shmem.h>
 
 static struct vm_assignment {
     spinlock_t lock;
@@ -127,7 +127,7 @@ void vmm_init()
 {
     vmm_arch_init();
     vmm_io_init();
-    ipc_init();
+    shmem_init();
 
     cpu_sync_barrier(&cpu_glb_sync);