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ATIC Makes Bid to Acquire Chartered Semiconductor

Advanced Technology Investment Company LLC (ATIC) of Abu Dhabi and Chartered Semiconductor Manufacturing (Chartered) of Singapore today announced a definitive agreement whereby ATIC would acquire Chartered, one of the world’s top dedicated semiconductor foundries.

The proposed acquisition will be effected by way of a scheme of arrangement under section 210 of the Companies Act of Singapore, subject to the approval of Chartered shareholders and the sanction of the High Court of Singapore. The transaction is expected to close during the fourth quarter of 2009. Completion of the transaction will be subject to customary conditions, such as regulatory and shareholder approvals. Details can be found in the joint scheme announcement that has been filed with the Singapore Exchange Securities Trading Limited (SGX), as well as in the scheme document to be sent to Chartered shareholders.

GLOBALFOUNDRIES Appoints Head of Enterprise Quality, Completes Senior Leadership Team

GLOBALFOUNDRIES today announced the appointment of Ron Dickinson as vice president of enterprise quality. The appointment marks the completion of the senior management team, cementing a strong leadership base to support the long-term growth and success of GLOBALFOUNDRIES as it aims to reshape the foundry landscape. In his role, Dickinson will enhance the customer experience by driving maximum levels of quality assurance and reliability for internal and external areas across the business.

"To become the industry’s premier global foundry company, we need to execute on an uncompromised standard of excellence when it comes to quality management," said GLOBALFOUNDRIES CEO Doug Grose. "Ron brings nearly three decades of world-class experience to help us achieve this goal by implementing a program that consistently meets and exceeds industry-leading benchmarks in efficiency, yields, quality, and cost."

ARM, Chartered, IBM and Samsung Collaborate to Enable 32nm and 28nm Systems-on-Chip

IBM, Chartered Semiconductor Manufacturing, Samsung Electronics, and ARM today announced they will develop a comprehensive 32 nanometer (nm) and 28nm Systems-on-a-Chip (SoCs) design platform based on high-k metal-gate (HKMG) technology from the IBM-led joint-development alliance. Under this multi-year collaboration, ARM will develop and license a design platform of physical intellectual property (IP) including logic, memory and interface products for the Common Platform technology alliance of IBM, Chartered and Samsung for distribution to their customers.
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