"With the approval process behind us, we will now focus our attention on combining two great companies, Chartered and Globalfoundries," ATIC CEO Ibrahim Ajami said in the statement. ATIC has the majority stake in Globalfoundries, the manufacturing arm of AMD (Advanced Micro Devices).
"Customers have told us they are excited about the combination of technology, talent and capacity this new entity will bring to the marketplace," he added. "We share their enthusiasm."
ATIC completes acquisition of Chartered
Posted on Friday, December 18 2009 @ 19:57 CET by Thomas De Maesschalck