SUNNYVALE, CA--(Marketwire - December 27, 2010) - AMD (
The transition to cost-based accounting was triggered by the contribution by ATIC International Investment Company LLC to GLOBALFOUNDRIES of all the outstanding ordinary shares of a private company formerly known as Chartered Semiconductor Manufacturing Ltd. effective as of December 27, 2010, in exchange for newly issued shares in GLOBALFOUNDRIES, as well as amendments to certain agreements among the parties.
The following agreements were amended:
- Amended and Restated Shareholders' Agreement dated as of December 27, 2010 by and among AMD, ATIC, ATIC International Investment Company LLC, and GLOBALFOUNDRIES; and
- Amended and Restated Funding Agreement dated as of December 27, 2010 by and among AMD, ATIC and GLOBALFOUNDRIES.
A summary of the material changes to these agreements is included in AMD's Form 8-K filed today with the SEC.
About AMD
Advanced Micro Devices (
Contact Information:
Media Contact
Catherine Greenlaw
512-602-2292
Email Contact
Investor Contact
Irmina Blaszczyk
408-749-3398
Email Contact