American authorities approve the transaction Of the foundry company

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POSTER: computer news   ||   AMERICAN AUTHORITIES APPROVE THE TRANSACTION OF THE FOUNDRY COMPANY	DATE:2009-01-07
In this block the transaction between AMD and investment company ATIC from Abu- Dabit for the creation of joint enterprise the foundry company must be completed, This last in the future will not only produce video chips and processors on AMD orders , but also will release analogous services to strange customers. According to the transactions conditions , which were reviewed during December, AMD will have 34,2% of actions , 65,8% of actions are the portion of ATIC. In this case AMD making decision will have a parity quantity of voices, after preserving priority in strategic company management  . Yesterday AMD company reported that the committee on foreign investments in the USA (CFIUS) economy approved the transaction between AMD and ATIC on the creation of joint enterprise : the foundry company. This office checks all transactions, which are concerned international investments in strategic branches of the USA industry  . The headquarters of joint enterprise will be located in USA; therefore, the activity Of foundry company falls under the jurisdiction of American government. Simultaneously it is reported that the transaction between AMD and mubadala company does not need approval by CFIUS committee . Let us recall that this company from Abu- Dabit (UNITED ARAB EMIRATES) plans to increase its portion in AMD capital  from 8,1% to 19,3%. Thus, American government gives a green light to AMD collaboration with Arab investors. Related Products :

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