AMD Closes “Asset Smart” Transaction – Fulfills Vision to Create Two Leadership Companies Capable of Delivering Transformative Innovation and Impact to the Global Technology Industry

On March 2, 2009 AMD closed its “Asset Smart” strategic transaction with the Advanced Technology Investment Company (ATIC) and Mubadala Development Company of Abu Dhabi, setting the stage for the formal launch of the world’s only U.S.-headquartered semiconductor foundry.



Press Releases   Images

GLOBALFOUNDRIES, World’s First Global Semiconductor Foundry Opens for Business (March 4, 2009)

GLOBALFOUNDRIES Announces Key Leadership Additions (March 4, 2009)

Bruce Claflin Appointed AMD Chairman of the Board (March 2, 2009)

AMD Closes “Asset Smart” Transaction – Fulfills Vision to Create Two Leadership Companies Capable of Delivering Transformative Innovation and Impact to the Global Technology Industry (March 2, 2009)

AMD, the Advanced Technology Investment Company and Mubadala Amend Transaction Agreements (December 8, 2008)

AMD and Advanced Technology Investment Company of Abu Dhabi to Create New Leading-Edge Semiconductor Manufacturing Company (October 7, 2008)



Dirk Meyer and Waleed Al Mokarrab
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Dirk Meyer and Khaldoon Al Mubarak
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Waleed Al Mokarrab, Doug Grose, Hector Ruiz, Dirk Meyer, and Khaldoon Al Mubarak
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One AMD Place located in Sunnyvale, CA.

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Fab 36 located in Dresden, Germany
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Artist rendering of proposed Fab 4x in New York State
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Artist rendering of proposed Fab 4x in New York State
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About ATIC
 

The Advanced Technology Investment Company (ATIC) was created in 2008. A technology investment company wholly owned by the Emirate of Abu Dhabi, ATIC is focused on making significant investments in the advanced technology sector, both locally and internationally. Its mandate is to generate returns that deliver long-term benefits to the Emirate of Abu Dhabi.

ATIC seeks to leverage the unique advantages it enjoys as an investor from the Emirate of Abu Dhabi to identify and realize long-term investment opportunities in the highly competitive and capital-intensive advanced technology sector. These advantages include significant and reliable capital, a patient investment philosophy, and a subsequently long-term investment horizon.

ATIC website
ATIC Fact Sheet
ATIC Chairman, Waleed Al Mokarrab Bio
 
About Mubadala

Mubadala Development Company (Mubadala) develops and manages an extensive and economically diverse portfolio of commercial initiatives either independently or in partnership with leading international organizations. Mubadala’s commercial strategy is fundamentally built on long term capital intensive investments that deliver strong financial returns.

The company manages a multi-billion dollar portfolio of local, regional, and international investments, projects and initiatives. Through its investment and development projects, Mubadala is both a catalyst for, and a reflection of, the drive for economic diversification of the Emirate of Abu Dhabi. Its impact is evident domestically and internationally in sectors such as energy, aerospace, real estate, healthcare, technology, infrastructure, and services.

Mubadala website

 
Press Contacts
AMD:
PR Contact: Drew Prairie, (512) 602-4425, drew.prairie@amd.com
IR Contact: Ruth Cotter, (408) 749-3887, Ruth.Cotter@amd.com

“The Foundry Company”:
PR Contact: Travis Bullard, (512) 602-5667, travis.bullard@amd.com
PR Contact: Jon Carvill, (512) 284-1752, joh.carvill@amd.com
PR Contact: Cornelia Probst, +49 351 277-1010, cornelia.probst@amd.com

Mubadala:
U.S. Contact: Richard Mintz, (202) 295-8772, rmintz@mubadala.ae
Abu Dhabi Contact: Kate Triggs, +971 50 6853 101, ktriggs@mubadala.ae

ATIC:
U.S. Contact: Amanda Orr, (202) 295-8786, amanda.orr@harbourgrp.com
Abu Dhabi Contact: Daniel Slack-Smith, +971 2 499 1622

AMD Corporate Information

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