Mubadala Investment Company

Mubadala Technology, founded as Advanced Technology Investment Company (ATIC) in 2008, is an investment company in the high-technology sector,[11] owned by Mubadala Development Company, a wholly owned investment vehicle of the government of Abu Dhabi, in the United Arab Emirates.

Mubadala Technology wholly owns GlobalFoundries.

It also works to build what they describe as a technology ecosystem in Abu Dhabi, funding over AED 100 million in local R&D activities and supporting educational initiatives that have thus far reached over 1,000 UAE Nationals.[12][13]

ATIC was established in 2008. Through a joint venture, ATIC and Advanced Micro Devices (AMD) created the world's third largest independent foundry GlobalFoundries in early 2009.[14] In late 2009, ATIC acquired Chartered Semiconductor Manufacturing of Singapore, the world's second largest dedicated independent semiconductor foundry.[15][16] In January 2010, the two operations were integrated, and have since functioned as one company under the GlobalFoundries brand.[17]

In August 2010, the firm joined with other investors to fund Texas-based Calxeda, a start-up company for producing ARM architecture-based computers for the server market.[18]

It "worked with the Massachusetts Institute of Technology to develop a masters program in microelectronics at the Masdar Institute of Science and Technology in Abu Dhabi."[19][20] Also in 2010, the firm joined a research partnership with the Semiconductor Research Corporation (SRC) to conduct research in the Abu Dhabi region.[21]

In 2011, it announced investments of $5.5 billion to expand chip manufacturing in Singapore, Dresden, and Saratoga County in the U.S. state of New York.[22][23] It also announced a $6–$8 billion computer chip factory in Abu Dhabi for completion in 2012.[24]

In 2014, ATIC became Mubadala Technology.[25]

In June 2016, they announced that they would unite and become one with their sister company International Petroleum Investment Company.[26][27][28]

In November 2018, Mubadala led a new $60 million investment round in logistics software startup Turvo.[29]

Mubadala has a ventures unit called Mubadala Ventures. Mubadala invests in a wide range of startups and in December 2020 invested in Dubai-based Tabby.[30]

In May 2020, Mubadala was said to be in advanced talks with Reliance Industries Ltd RIL about investing around $1 billion in the Indian conglomerate’s Jio Platforms. If it goes ahead this will its largest investment in an Indian business. [31]

ATIC has invested more than Dh100 million in research grants and funds since 2009 for building a globally-competitive technology R&D ecosystem within Abu Dhabi.[12]

It partners with the Semiconductor Research Corporation, a leading university-research consortium, to drive local research towards minimum energy electronic systems.[32] It is supporting research initiatives spanning Khalifa University, UAE University, American University of Sharjah, Masdar Institute and New York University Abu Dhabi.

ATIC and the German state of Saxony have invested $4.8 million in twinned laboratories that research 3-D stacking of integrated circuits.[33]

Ibrahim Ajami, Chief Executive Officer of ATIC and its successor Mubadala Technology,[25] oversaw the joint venture between ATIC and Advanced Micro Devices (AMD) of the creation of Global Foundries.[34]

• Mubadala Investment Company
• ATIC official website
• Mubadala Investment Company SWFI Profile