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Intel Pulls Out $1.25B to Settle All AMD Problems

By - Source: Tom's Hardware US | B 5 comments

Intel digs deep into its pocket once again to settle competition with AMD.

In what could be one of the closing chapters in a long-lasting saga, Intel Corporation and Advanced Micro Devices today announced a comprehensive agreement to end all outstanding legal disputes between the companies, including antitrust litigation and patent cross license disputes.

In a joint statement, the two companies commented, "While the relationship between the two companies has been difficult in the past, this agreement ends the legal disputes and enables the companies to focus all of our efforts on product innovation and development."

Under terms of the agreement:

-          AMD and Intel obtain patent rights from a new 5-year cross license agreement

-          Intel and AMD will give up any claims of breach from the previous license agreement

-          Intel will pay AMD $1.25 billion.

-          Intel agrees to abide by a set of business practice provisions.

As a result, AMD will drop all pending litigation including the case in U.S. District Court in Delaware and two cases pending in Japan. AMD will also withdraw all of its regulatory complaints worldwide. The agreement will be made public in filings with the Securities and Exchange Commission.

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  • 1 Hide
    strangestranger , 13 November 2009 00:30
    Interesting.
  • 0 Hide
    hyssar , 13 November 2009 02:40
    I think you guys forgot the most important part: AMD can go fabless.
    They can finally NOT build x86 inhouse and let GlobalFoundries do it, so AMD sold the other half of GlobalFoundries they owned to ATIC.

    http://www.anandtech.com/cpuchipsets/showdoc.aspx?i=3675
  • 0 Hide
    AW-Levi , 13 November 2009 16:04
    Interesting...Yes. It surely is. Let's hope this won't stop Intel and AMD to making better hardware. In the meaning of being competitive with each other. Since in the near future other hardware makers, developers will join the market.
    Looking forward to how Intel and AMD end's up. :) 
  • Display all 5 comments.
  • 0 Hide
    tstebbens , 13 November 2009 23:40
    Bad Intel! Bad! Sit.... Stay! Stay!
  • 0 Hide
    dia-j , 15 November 2009 23:39
    But do you think intel's gonna stop its twisted ways