Advanced Technology Investment Company
Encyclopedia
Advanced Technology Investment Company (ATIC) is an investment company in the high-technology sector.
ATIC has signaled interest in investing in high-technology companies and centers in Europe
, the U.S. and Asia
.
created the world's third largest independent foundry
GlobalFoundries
in early 2009.
In late 2009, ATIC acquired Chartered Semiconductor Manufacturing
of Singapore, the world's third largest dedicated independent semiconductor foundry.
In January 2010, GlobalFoundries officially integrated operations with Chartered Semiconductor Manufacturing, and since that time have functioned as one company under the GlobalFoundries brand.
In August 2010, ATIC joined with other investors to fund Texas-based Calxeda
, a start-up company which will eventually provide ARM
-based computers for the server market.
ATIC simultaneously “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.”
Also in 2010, ATIC joined a university research partnership with the Semiconductor Research Corporation (SRC) to conduct research in the Abu Dhabi region.
In 2011, ATIC announced investments of $5.5 billion to expand manufacturing in Singapore, Dresden, Germany, and Saratoga County in New York state.
ATIC also announced a $6-$8 billion computer chip factory in Abu Dhabi in development for completion in 2012.
ATIC has signaled interest in investing in high-technology companies and centers in Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...
, the U.S. and Asia
Asia
Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and with approximately 3.879 billion people, it hosts 60% of the world's current human population...
.
History & Growth
ATIC was established in 2008. Through a joint venture, ATIC and Advanced Micro DevicesAdvanced Micro Devices
Advanced Micro Devices, Inc. or AMD is an American multinational semiconductor company based in Sunnyvale, California, that develops computer processors and related technologies for commercial and consumer markets...
created the world's third largest independent foundry
Foundry
A foundry is a factory that produces metal castings. Metals are cast into shapes by melting them into a liquid, pouring the metal in a mold, and removing the mold material or casting after the metal has solidified as it cools. The most common metals processed are aluminum and cast iron...
GlobalFoundries
GLOBALFOUNDRIES
GlobalFoundries Inc. is the world's third largest independent semiconductor foundry, with its headquarters located in Milpitas, California. GlobalFoundries was created by the divestiture of the manufacturing side of AMD on March 2, 2009, and was expanded through its merger with Chartered...
in early 2009.
In late 2009, ATIC acquired Chartered Semiconductor Manufacturing
Chartered Semiconductor Manufacturing
Prior to 2010, Chartered Semiconductor Manufacturing was the world's third largest dedicated independent semiconductor foundry, with its headquarters and main operations located in the Woodlands Industrial Park, Kranji Singapore...
of Singapore, the world's third largest dedicated independent semiconductor foundry.
In January 2010, GlobalFoundries officially integrated operations with Chartered Semiconductor Manufacturing, and since that time have functioned as one company under the GlobalFoundries brand.
In August 2010, ATIC joined with other investors to fund Texas-based Calxeda
Calxeda
Calxeda is a start-up company that aims to provide ARM-based computers for the server market. Their selling point is a claimed reduction in energy consumption as well as better cost per throughput, compared to x86-based server manufacturers such as Intel...
, a start-up company which will eventually provide ARM
ARM
An arm is an upper limb of the body.Arm may also refer to:-Geography:* Arm , a narrow stretch of a larger body of water** Canal arm, a subsidiary branch of a canal or inland waterway** Distributary or arm, a subsidiary branch of a river...
-based computers for the server market.
ATIC simultaneously “worked with the Massachusetts Institute of Technology
Massachusetts Institute of Technology
The Massachusetts Institute of Technology is a private research university located in Cambridge, Massachusetts. MIT has five schools and one college, containing a total of 32 academic departments, with a strong emphasis on scientific and technological education and research.Founded in 1861 in...
to develop a masters program in microelectronics at the Masdar Institute of Science and Technology in Abu Dhabi.”
Also in 2010, ATIC joined a university research partnership with the Semiconductor Research Corporation (SRC) to conduct research in the Abu Dhabi region.
In 2011, ATIC announced investments of $5.5 billion to expand manufacturing in Singapore, Dresden, Germany, and Saratoga County in New York state.
ATIC also announced a $6-$8 billion computer chip factory in Abu Dhabi in development for completion in 2012.