diff --git a/src/lib/softfloat/README.txt b/3rdparty/softfloat/README.txt
similarity index 100%
rename from src/lib/softfloat/README.txt
rename to 3rdparty/softfloat/README.txt
diff --git a/src/lib/softfloat/fpu_constant.h b/3rdparty/softfloat/fpu_constant.h
similarity index 100%
rename from src/lib/softfloat/fpu_constant.h
rename to 3rdparty/softfloat/fpu_constant.h
diff --git a/src/lib/softfloat/fsincos.c b/3rdparty/softfloat/fsincos.c
similarity index 100%
rename from src/lib/softfloat/fsincos.c
rename to 3rdparty/softfloat/fsincos.c
diff --git a/src/lib/softfloat/fyl2x.c b/3rdparty/softfloat/fyl2x.c
similarity index 100%
rename from src/lib/softfloat/fyl2x.c
rename to 3rdparty/softfloat/fyl2x.c
diff --git a/src/lib/softfloat/mamesf.h b/3rdparty/softfloat/mamesf.h
similarity index 100%
rename from src/lib/softfloat/mamesf.h
rename to 3rdparty/softfloat/mamesf.h
diff --git a/src/lib/softfloat/milieu.h b/3rdparty/softfloat/milieu.h
similarity index 100%
rename from src/lib/softfloat/milieu.h
rename to 3rdparty/softfloat/milieu.h
diff --git a/src/lib/softfloat/softfloat-macros b/3rdparty/softfloat/softfloat-macros
similarity index 100%
rename from src/lib/softfloat/softfloat-macros
rename to 3rdparty/softfloat/softfloat-macros
diff --git a/src/lib/softfloat/softfloat-specialize b/3rdparty/softfloat/softfloat-specialize
similarity index 100%
rename from src/lib/softfloat/softfloat-specialize
rename to 3rdparty/softfloat/softfloat-specialize
diff --git a/src/lib/softfloat/softfloat.c b/3rdparty/softfloat/softfloat.c
similarity index 100%
rename from src/lib/softfloat/softfloat.c
rename to 3rdparty/softfloat/softfloat.c
diff --git a/src/lib/softfloat/softfloat.h b/3rdparty/softfloat/softfloat.h
similarity index 100%
rename from src/lib/softfloat/softfloat.h
rename to 3rdparty/softfloat/softfloat.h
diff --git a/src/emu/cpu/i386/i386.h b/src/emu/cpu/i386/i386.h
index 8fe66f8bc5c..feb64e42778 100644
--- a/src/emu/cpu/i386/i386.h
+++ b/src/emu/cpu/i386/i386.h
@@ -5,8 +5,8 @@
 #ifndef __I386INTF_H__
 #define __I386INTF_H__
 
-#include "../../../lib/softfloat/milieu.h"
-#include "../../../lib/softfloat/softfloat.h"
+#include "../../../../3rdparty/softfloat/milieu.h"
+#include "../../../../3rdparty/softfloat/softfloat.h"
 #include "debug/debugcpu.h"
 #include "cpu/vtlb.h"
 
diff --git a/src/emu/cpu/m68000/m68000.h b/src/emu/cpu/m68000/m68000.h
index 6890c484307..75463aea183 100644
--- a/src/emu/cpu/m68000/m68000.h
+++ b/src/emu/cpu/m68000/m68000.h
@@ -6,8 +6,8 @@
 
 
 
-#include "../../../lib/softfloat/milieu.h"
-#include "../../../lib/softfloat/softfloat.h"
+#include "../../../../3rdparty/softfloat/milieu.h"
+#include "../../../../3rdparty/softfloat/softfloat.h"
 
 
 /* MMU constants */
diff --git a/src/lib/lib.mak b/src/lib/lib.mak
index 497c027ab47..613940e8a78 100644
--- a/src/lib/lib.mak
+++ b/src/lib/lib.mak
@@ -281,8 +281,8 @@ $(LIBOBJ)/zlib/%.o: $(3RDPARTY)/zlib/%.c | $(OSPREBUILD)
 # SoftFloat library objects
 #-------------------------------------------------
 
-PROCESSOR_H = $(LIBSRC)/softfloat/processors/mamesf.h
-SOFTFLOAT_MACROS = $(LIBSRC)/softfloat/softfloat/bits64/softfloat-macros
+PROCESSOR_H = $(3RDPARTY)/softfloat/processors/mamesf.h
+SOFTFLOAT_MACROS = $(3RDPARTY)/softfloat/softfloat/bits64/softfloat-macros
 
 SOFTFLOATOBJS = \
 	$(LIBOBJ)/softfloat/softfloat.o \
@@ -291,10 +291,12 @@ SOFTFLOATOBJS = \
 
 $(OBJ)/libsoftfloat.a: $(SOFTFLOATOBJS)
 
-$(LIBOBJ)/softfloat/softfloat.o: $(LIBSRC)/softfloat/softfloat.c $(LIBSRC)/softfloat/softfloat.h $(LIBSRC)/softfloat/softfloat-macros $(LIBSRC)/softfloat/softfloat-specialize
-$(LIBOBJ)/softfloat/fsincos.o: $(LIBSRC)/softfloat/fsincos.c $(LIBSRC)/softfloat/fpu_constant.h $(LIBSRC)/softfloat/softfloat.h $(LIBSRC)/softfloat/softfloat-macros $(LIBSRC)/softfloat/softfloat-specialize
-
+$(LIBOBJ)/softfloat/softfloat.o: $(3RDPARTY)/softfloat/softfloat.c $(3RDPARTY)/softfloat/softfloat.h $(3RDPARTY)/softfloat/softfloat-macros $(3RDPARTY)/softfloat/softfloat-specialize
+$(LIBOBJ)/softfloat/fsincos.o: $(3RDPARTY)/softfloat/fsincos.c $(3RDPARTY)/softfloat/fpu_constant.h $(3RDPARTY)/softfloat/softfloat.h $(3RDPARTY)/softfloat/softfloat-macros $(3RDPARTY)/softfloat/softfloat-specialize
 
+$(LIBOBJ)/softfloat/%.o: $(3RDPARTY)/softfloat/%.c | $(OSPREBUILD)
+	@echo Compiling $<...
+	$(CC) $(CDEFS) $(CFLAGS) -c $< -o $@
 
 #-------------------------------------------------
 # libJPEG library objects