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Private company

Advanced Technology Investment Company

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons2

United Arab Emirates sovereign wealth fund

Advanced Technology Investment Company is a United Arab Emirates sovereign wealth fund based in Abu Dhabi, founded in 2008.3 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

2008Founded1
  • HeadquartersAbu Dhabi1
  • Websitewww.atic.ae
  • Legal forminvestment company1

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The story

Established in 1984, the International Petroleum Investment Company (IPIC) was created to advance Abu Dhabi's natural petroleum wealth for the development of the emirate. Mubadala Development Company followed in 2002 to further diversify the economy. In June 2016, it was announced that Mubadala Development Company would merge with the International Petroleum Investment Company. In 2017, ownership of both MDC and IPIC was transferred to a newly created parent company, Mubadala Investment Company. The company is a wholly owned investment vehicle of the government of Abu Dhabi, and Sheikh Mansour bin Zayed Al Nahyan, vice-president and deputy prime minister of the United Arab Emirates, is chairman of the company.

From Wikipedia’s article on Advanced Technology Investment Company, shared under CC BY-SA 4.0.4

Products and brands

Investment platforms

Mubadala operates through four investment platforms of significant scale.

Direct Investments platform

UAE Investments platform

Disruptive Investments platform

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Real Estate & Infrastructure Investments platform

Mubadala Technology

The company's Advanced Technology Investment Company (ATIC) in 2008, is an investment company in the high-technology sector. ATIC owns the semiconductor foundry companies GlobalFoundries, and Chartered Semiconductor Manufacturing (which later merged with GlobalFoundries). ATIC has invested in Calxeda, a start-up company for producing ARM architecture–based computers for the server market. In 2011, ATIC announced investments of $5.5 billion to expand chip manufacturing in Singapore, Dresden, and New York. It also announced a $6–$8 billion computer chip factory in Abu Dhabi for completion in 2012. The company supports research initiatives in Khalifa University, UAE University, American University of Sharjah, Masdar Institute and New York University Abu Dhabi. In 2014, ATIC became Mubadala Technology.

From Wikipedia’s article on Advanced Technology Investment Company, shared under CC BY-SA 4.0.4

Timeline

  1. 2008Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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