AMD said Tuesday that it will split off its manufacturing operations in a deal with the Advanced Technology Investment Company of Abu Dhabi. AMD will also receive a capital infusion from Mubadala Development Company, which will wind up owning more than 19 percent of Intel’s smaller rival...
The Foundry Company, which will be led by Doug Grose, senior vice president at AMD, will start out making chips based on AMD’s designs. AMD will own 44.4 percent of the Foundry Company with Advanced Technology Investment Company (ATIC) owning the rest. The deal is quite a feat of financial engineering, but a good move overall...
The whole ZDNet article:
http://blogs.zdnet.com/BTL/?p=10328&tag=nl.e539
The Foundry Company, which will be led by Doug Grose, senior vice president at AMD, will start out making chips based on AMD’s designs. AMD will own 44.4 percent of the Foundry Company with Advanced Technology Investment Company (ATIC) owning the rest. The deal is quite a feat of financial engineering, but a good move overall...
The whole ZDNet article:
http://blogs.zdnet.com/BTL/?p=10328&tag=nl.e539
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