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Globalfoundries targets profitability, IPO in 2015

Posted: 20 Nov 2012  Print Version  Bookmark and Share Subscribe 

Keywords:IPO  Advanced Technology Investment Company 

[Summary of tips] According to Mike Noonen, executive vice president for Globalfoundries, an initial public offering (IPO) could be staged by the company once it achieves profitability. The chipmaker expects to be profitable come 2015 while also not requiring added funding from the Advanced Technology Investment Company (ATIC), its parent compan......
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