Musings on tech and more from a cafe in the Middle East
In 2007 Mubadala, one of the sovereign investment vehicles of Abu Dhabi, became the largest shareholder in AMDafter an investment totaling $622 Million. Their current holding in AMD stands at some 20%. One would expect a substantial presence of AMD in the UAE and, while it established an office in Dubai, their regional operations did not seem to extend beyond the basic sales and marketing operations. However, the relationship between the two entities continues to grow. In 2009, the companies invested in Globalfoundries...