AMD und Advanced Technology Investment Company erhalten abschließende Zustimmung zur Gründung eines neuen Halbleiterunternehmens
AMD Aktionäre stimmen der Ausgabe zusätzlicher Aktien und Optionsscheine an Mubadala Development Company zu / Die Beteiligten gehen von einem voraussichtlichen Vertragsabschluss zum 2. März 2009 aus
Damit sind alle Voraussetzungen für die Gründung des Fertigungs-Joint Ventures "The Foundry Company" durch AMD und Advanced Technology Investment Company (ATIC) aus Abu Dhabi erfüllt. Die Beteiligten gehen davon aus, dass die Vertragsverhandlungen bis zum 2. März 2009 abgeschlossen werden können.
AMDs Aktionäre bestätigten damit den Vorschlag (1.) zur Ausgabe von 58 Mio. Aktien aus dem Stammkapital des Unternehmens sowie Optionsscheinen zum Erwerb von 35 Mio. Aktien aus dem Stammkapital sowie (2.) zur Ausgabe von 35 Mio. Aktien aus dem Stammkapital in Ausübung dieser Optionen zugunsten einer Tochtergesellschaft der Mubadala Development Corporation. Dies geschah gemäß der Bedingungen der Stimmrechtsbevollmächtigung im Rahmen der Außerordentlichen Hauptversammlung der AMD Aktionäre, die heute in Austin, Texas stattfand.
About The Foundry Company
The Foundry Company will be a U.S.-headquartered, leading-edge semiconductor manufacturing company created to address growing demand for independent, leading-edge foundry production capabilities. The Foundry Company will serve this need by combining advanced process technology, industryleading manufacturing facilities and aggressive plans to scale capacity. The cornerstone of production for The Foundry Company will be industryleading manufacturing facilities in Dresden, Germany with future plans to expand that campus as well as build a state-of-the art facility in Saratoga County, New York. Upon closing, The Foundry Company will have its principal headquarters in Silicon Valley; and its research and development and manufacturing leadership teams and ecosystems in New York, Dresden, and Austin.
For more information on [The Foundry Company], visit www.newglobalfoundry.com
The Advanced Technology Investment Company (ATIC) was created in 2008. A technology investment company wholly owned by the Government 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. For more information about ATIC visit http://www.advancedtechnologyic.com
Mubadala Development Company (Mubadala) is a Public Joint Stock Company headquartered in Abu Dhabi, capital of the United Arab Emirates. Its focus is on developing and managing an extensive and economically diverse portfolio of commercial initiatives. It does this 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's sole shareholder is the Government of the Emirate of Abu Dhabi. For more information about Mubadala, its partnerships and activities please visit www.mubadala.ae.
This release contains forward-looking statements concerning the consummation of The Foundry Company manufacturing joint venture transaction, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are commonly identified by words such as "would," "may," "expects," "believes," "plans," "intends," "projects" and other terms with similar meaning. Investors are cautioned that the forward-looking statements in this release are based on current beliefs, assumptions and expectations, speak only as of the date of this release and involve risks and uncertainties that could cause actual results to differ materially from current expectations. Risks include the possibility that Intel Corporation's pricing, marketing and rebating programs, product bundling, standard setting, new product introductions or other activities targeting AMD's business will prevent attainment of AMD's current plans; the company's Asset Smart strategy will not reach fruition or will be less beneficial than anticipated; the announced transaction for the formation of The Foundry Company and the associated third-party investment will not occur as anticipated; customers stop buying the company's products or materially reduce their operations or demand for its products; the company will be unable to develop, launch and ramp new products and technologies in the volumes and mix required by the market and at mature yields on a timely basis; demand for computers and consumer electronics products and, in turn, demand for the company's products will be lower than currently expected; there will be unexpected variations in market growth and demand for the company's products and technologies in light of the product mix that it may have available at any particular time or a decline in demand; and the company will be unable to maintain the level of investment in research and development and capacity that is required to remain competitive. Investors are urged to review in detail the risks and uncertainties in the company's Securities and Exchange Commission filings, including but not limited to the Quarterly Report on Form 10-Q for the fiscal quarter ended September 27, 2008.
Advanced Micro Devices (NYSE: AMD) is an innovative technology company dedicated to collaborating with customers and industry partners to ignite the next generation of computing and graphics solutions at work, home and play. For more information, visit www.amd.com.
©2009, Advanced Micro Devices, Inc. AMD, the AMD Arrow logo are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners.