POET now has 3 TOP Managers from Globalfoundries:

Ajit Manocha, Dr. Suresh Venkatesan, Vikas Gupta and the aim of Mubadala was....

from the Wikipedia: ATIC = Mubadala

Research and development

ATIC has invested more than Dh100 million in research grants and funds since 2009 for building a globally-competitive technology R&D ecosystem within Abu Dhabi,.[17]

It partners with the Semiconductor Research Corporation, a leading university-research consortium, to drive local research towards minimum energy electronic systems.[18] It is supporting research initiatives spanning Khalifa University, UAE University, American University of Sharjah, Masdar Institute and New York University Abu Dhabi.

In May 2013, ATIC and the Semiconductor Research Corporation (SRC) launched the ATIC-SRC Centre of Excellence for Energy Efficient Electronic Systems (ACE4S), to be hosted jointly in Abu Dhabi by Khalifa University of Science, Technology and Research, and Masdar Institute of Science and Technology.[19] ATIC is investing Dh17.5 million in the project, an amount matched by Masdar Institute and Khalifa University. The total budget for the center is Dh35m spread during the initial three-year phase. The center will focus on research in four key areas: energy harvesting, power management, sensor technologies and wireless communications networks.

ATIC and the state of Saxony, Germany have invested $4.8 million in twinned laboratories that research 3-D stacking of integrated circuits. The project consists of one lab hosted at the Masdar Institute of Science and Technology in Abu Dhabi and the other based at the Technische Universität Dresden.[20] The labs, which host 10-12 graduate and PhD students, focus on research around three-dimensional chip stacking, a potentially faster and more energy efficient semiconductor technology.

So this would make sense to take over Anadigics....and get the RF - GaAs Technology with POET under control.....