Yesterday, Mubadala Investment Company and Silver Lake, the global technology company, announced the strengthening of the existing partnership between them, by launching a long-term investment strategy, led by Silver Lake, and with an investment of $ 2 billion from Mubadala.
The new strategy is characterized by a long-term investment range of up to 25 years. It is designed to allow flexible investment in various investment structures, geographical regions and sectors, as well as in all forms of financing and investment opportunities in various stages, in line with Silver Lake’s focus on building and developing Successful companies that benefit all partners.
Mubadala acquired a minority stake in Silver Lake. The two parties have previously worked together in a number of investments such as Endeavor, Waymo (a company that produces autonomous car technology, affiliated with Alphabet), and the Indian company Geo Platforms.
Excellent opportunities
Khaldoun Al Mubarak, Group CEO and Managing Director of Mubadala, said: “As a global investor, we recognized from an early age the distinct opportunities offered by investing in the technology sector, and we are happy to launch this strategic partnership with Silver Lake, one of the most respected investment institutions in the technology sector. To take advantage of investment opportunities in this sector and outside it.
We seek to be ready to take advantage of this accelerated shift towards digital technology and the economic opportunities arising from that. We believe that Silver Lake is the appropriate partner, and that this investment model is the best way to achieve these goals.
Innovative strategy
Egon Durban and Greg Mondry, chief executive officers of Silver Lake, said on behalf of the company’s executive partners: “We are pleased to strengthen our relationship with the distinguished team at Mubadala, which aligns with us in our vision of long-term investment in the most prominent business sectors. We were able to support Mubadala to launch an innovative strategy that is unprecedented in terms of its timeframe. ”
Mubadala began investing in the global technology sector in 2007 with its acquisition of a large stake in AMD, followed by the establishment of Global Foundries, the second largest semiconductor manufacturer in the world. A number of other partnerships have also been concluded,
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