Sunday, October 04, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Buys Havok
Google Officially Becomes Alphabet
Microsoft Works On A Laptop Battery System That Adapts To Your Habits To Last Longer
Motorola Outlines Android Marshmallow Update Plans
AMD FirePro Graphics Powers New Dell Precision Mobile Workstations
Globalfoundries Said To Move To 10nm Development On Its Own
Nvidia Launches New Maxwell-based Quadro graphics For Mobile workstations
Microsoft Expands Licensing Agreements With Asus, I-O Data
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > PC Parts > AMD Sto...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, February 19, 2009
AMD Stockholders Approve Abu Dhabi Investment

AMD announced Wednesday that its stockholders had approved a manufacturing joint venture with investment from Abu Dhabi.

AMD said in a statement that the approval is paving the way for AMD and the Advanced Technology Investment Company of Abu Dhabi to create "The Foundry Company". With the stockholder approval received today, all closing conditions for the creation of "The Foundry Company" manufacturing joint venture have been met, and the transaction is expected to close by March 2, 2009.

AMD stockholders approved a proposal to issue (i) 58 million shares of the company's common stock and warrants to purchase 35 million shares of its common stock and (ii) 35 million shares of the company's common stock upon exercise of those warrants to an affiliate of the Mubadala Development Company PJSC, on the terms described in the proxy statement related to the Special Meeting of Stockholders that was held today in Austin, Texas.

AMD, which has been falling behind market leader Intel , has said the move would result in one company that designs semiconductors and another which builds them. The Foundry Company will include manufacturing facilities in Dresden, Germany, with plans to expand that site as well as build a new facility in Saratoga County, New York. The new company will have its principal headquarters in Silicon Valley, and its research and development and manufacturing teams in New York, Dresden, and Austin.

Sony to Close Main US PlayStation store        All News        Nvidia Responds To Intel Court Filing
OCZ Introduces Alchemy Illuminati Backlit Multimedia     PC Parts News      Nvidia Responds To Intel Court Filing

Get RSS feed Easy Print E-Mail this Message

Related News
AMD FirePro Graphics Powers New Dell Precision Mobile Workstations
AMD To Cut 5 Percent of Its Workforce
AMD Introduces PRO A-Series Processors
AMD Expands Embedded Graphics Lineup
AMD, Mentor Graphics To Accelerate Development for x86 and ARM Environments
Quick look: AMD Radeon R9 Nano
AMD Zen architecture Pushed back For 4Q16
AMD Forms Radeon Technologies Group To Focus on Graphics
AMD To Showcase Broadcast Ecosystem Workflows at IBC 2015
AMD Radeon R9 370X Graphics Card Launched In Asia
AMD Radeon R9 Nano Graphics Card Shipping September 10th
AMD Showcases Graphics, Energy Efficient Computing and Die-Stacking Technologies At Hot Chips

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .