Intel pays up $1.25 billion to AMD

updated 06:55 pm EST, Thu December 10, 2009

Chip maker satisfies settlement terms


AMD on Thursday announced that it has received the $1.25 billion settlement payment from Intel. The payment satisfies the monetary terms of the agreement over various antitrust and patent disputes. Both companies have also decided to exchange patent rights as part of a five-year cross-license agreement.

The settlement terms also outline a long list of business practice provisions that Intel must follow. In return, AMD will drop litigation efforts in Japan and the US District Court in Delaware.

Despite the resolution between both chip makers, Intel still faces a hefty $1.45 billion fine in Europe and potential consequences of a New York antitrust case. The company also potentially faces antitrust actions in a dispute with NVIDIA.


By Electronista Staff

toggle

Previous Comments

 
close
Photo
toggle

Network Headlines

toggle

Most Popular

10 Most Read

Recent Reviews

Logitech Cube

The world of mice could often be described charitably as stagnant: it's an endless sea of ergonomic shapes that assume you're sitting ...

NewerTech and Targus USB Hubs For Gifts

A useful holiday present to resolve an ongoing frustration is a multi-port hub. Whether as a stocking stuffer, Chanukah present, or an ...

X-Rite ColorMunki Photo

Color calibration is the art of tweaking your monitor so that the colors represented on screen better match real life and your printer ...

toggle

Most Commented

10 Most Discussed

 
toggle

Popular News