I am an ATIC employee and see that our Wikipedia page has a number of significant factual inaccuracies and does little to represent the work of our company within Abu Dhabi I ve pulled together the below recommendations based on objective third party sources and would very much appreciate if an editor could review the below and refine content appropriately Apologies as it s lengthy but again there s a lot of content missing at present Advanced Technology Investment Company ATIC is an investment company in the high technology sector 1 owned by Mubadala Development Company ATIC has signaled interest in investing in high technology companies and centers in Europe the U S and Asia 2 add ATIC wholly owns GLOBALFOUNDRIES the world s second largest semiconductor foundry company by revenue with 8 fabrication facilities spanning Singapore Dresden and Malta New York add ATIC 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 Human Capital initiatives that have thus far reached over 1 000 UAE Nationals History Growth 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 3 In late 2009 ATIC acquired Chartered Semiconductor Manufacturing of Singapore the world s second largest dedicated independent semiconductor foundry 4 5 In January 2010 GlobalFoundries officially integrated operations with Chartered Semiconductor Manufacturing and since that time have functioned as one company under the GlobalFoundries brand 6 add Since the integration of Chartered GLOBALFOUNDRIES has grown to become the world s second largest foundry company by revenue and has a employee footprint of over 13 000 worldwide 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 7 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 8 9 Also in 2010 ATIC joined a university research partnership with the Semiconductor Research Corporation SRC to conduct research in the Abu Dhabi region 10 In 2011 ATIC announced investments of 5 5 billion to expand manufacturing in Singapore Dresden Germany and Saratoga County in New York state 11 12 ATIC also announced a 6 8 billion computer chip factory in Abu Dhabi in development for completion in 2012 13 add While the initial Abu Dhabi was placed on hold due to larger economic circumstances ATIC continues to pursue plans to build a fabrication facility within the Emirate Add section R D Towards building a globally competitive technology R D ecosystem within Abu Dhabi ATIC has invested more than Dh100 million in research grants and funds since 2009 Research Grants ATIC partners with the Semiconductor Research Corporation a leading university research consortium to drive local research towards minimum energy electronic systems This year ATIC is supporting research initiatives spanning Khalifa University UAE University American University of Sharjah Masdar Institute and New York University Abu Dhabi ACE4S In May 2013 ATIC and the Semiconductor Research Corporation SRC launched the ATIC SRC Centre of Excellence for Energy Efficient Electronic Systems ACE4S to be hosted jointly in Abu Dhabi by Khalifa University of Science Technology and Research and Masdar Institute of Science and Technology ATIC is investing Dh17 5 million in the project an amount mat