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To: bert

AMD originally sold less that an controlling interest in its Fabs in Dresden, Germany to Global Foundries. The stockholders after the sale were AMD and The Advanced Technology Investment Company (ATIC) which was a technology investment company wholly owned by the Government of Abu Dhabi.
Later ATIC obtained full ownership of GlobalFoundries and at that point GlobalFoundries became a subsidiary of Mubadala which is Abu Dhabi’s investment vehicle. GlobalFoundries also built a Fab in the Luther Forrest, NY that originally was the brainchild of Hector Ruiz, AMD’s previous CEO. Abu Dhabi is said to be the richest city in the world.

http://www.thenational.ae/business/technology/mubadala-takes-ownership-of-atic
http://www.mubadala.com/en/who-we-are/businessunit/advanced-technology-investment-company
http://www.timesunion.com/business/article/Ruiz-redux-with-Nano-Utica-4884595.php


30 posted on 04/05/2014 1:35:15 PM PDT by Rock N Jones
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To: Rock N Jones
I would think Dubai might claim the title rather than Abu Dabi.

Doesn't really matter though both are very very wealthy and have claimed to e gateway to the middle east and the east. That is true. Any company worth a damn has ofices in Dubai and a facility in Jebel Ali

Iran hates and covets both.


31 posted on 04/05/2014 1:47:59 PM PDT by bert ((K.E. N.P. N.C. +12 ..... History is a process, not an event)
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