AMD: reproduction division
October 7, one of the most famous producer of microprocessors - the company AMD - announced its restructuring, which divided it into two companies. One will specialize in the development and design of chips, the second - to release processors. So AMD intends to reduce operating costs and increase their market share. The company, which will release a chip, will be temporarily named Foundry Company. AMD, it will have 44.4% stake. Attachments from AMD it would be technology, intellectual property, patents, manufacturing facilities including two production sites in Dresden and related assets of factories. Headquartered Foundry Company will be located in Silicon Valley in the USA. The remaining shares of Foundry Company will be at the disposal of an investment company Advanced Technology Investment Company (ATIC), established by the authorities of Abu Dhabi (United Arab Emirates). Advanced Technology Investment Company promised to immediately invest in Foundry Company $ 2,1 billion, with $ ...