Intel Pulls Out $1.25B to Settle All AMD Problems

[Darth Sushi]

Intel Pulls Out $1.25B to Settle All AMD Problems
November 12, 2009 by Marcus Yam

" 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. "

Source: http://www.tomshardware.com/news/int...tion,9067.html

[colbert]

Good news

[clocker]

$1.25B is cheap.
For that (comparatively) paltry sum, Intel got to nearly drive AMD into the ground and completely turned around the performance lead that AMD had begun to solidify.

It'll take years for AMD to recover...if that's even possible.

[peat moss]

Well if AMD ever gave a proper CPU rating to compare to Intel , or is that visa versa we would be better off .


They lost their gamer fanboy , price advantage years ago because of it .