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Intel pays AMD to end legal disputes.


Agrophel

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SUNNYVALE, Calif. & SANTA CLARA, Calif.--(Business Wire)--

 

Intel Corporation and Advanced Micro Devices (NYSE: AMD) 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, and Intel will pay AMD $1.25 billion. Intel has also agreed 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.

 

http://channel.hexus.net/content/item.php?item=21135

http://www.reuters.com/article/marketsNews...20091112?rpc=44

http://www.nytimes.com/2009/11/13/technolo...er=yahoofinance

 

Dette er bra, AMD med mere penger.

Kommer vel rettsak til Intel mot USA "snart"

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Beste for AMD i denne avtalen er uten tvil at de kan gå fabless. Hadde det ikke vært for Global Foundries hadde forrige vartal endt i pluss for AMD. AMD tapte $100 mill på GF. I tillegg til at de slipper å tape penger på GF, kan de selge sin del i selskapet til ATIC (ATIC eier 65% av GF, AMD eier 35%), og få inn enda mer kapital.

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