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Advanced Technology Investment Company · Abu Dhabi United Arab Emirates

Po Box 44442Phone: +971-50-812-5234
Abu Dhabi
United Arab EmiratesMap Map This Company
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Advanced Technology Investment Company Rankings

Company Description

The Advanced Technology Investment Company (ATIC) is the high-tech investment arm of the government of Abu Dhabi in the United Arab Emirates. It was formed in 2008 to invest in domestic and international technology companies. ATIC's first order of business was a partnership with Advanced Micro Devices (AMD) for a joint venture called GLOBALFOUNDRIES, which manufactures semiconductors for AMD and other chip designers. The group then acquired Singapore's Chartered Semiconductor, one of the world's largest contract chip makers, which it then combined with GLOBALFOUNDRIES. ATIC Chairman Waleed Al Mokarrab Al Muhairi is also the COO of Mubadala Development Company, which acquired ATIC in 2011.

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Financials

Company TypeSubsidiaryHeadquarters
Fiscal Year-EndDecember
Employees60

Executives

3 executives listed for Advanced Technology Investment Company's Abu Dhabi, United Arab Emirates location.

ChairmanWaleed Ahmed Al Mokarrab Al MuhairiE-mail
CEOIbrahim AjamiE-mail
CFOBruce McDougallE-mail

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