AMD settles with Intel, for $1.25bn

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Intelheadquarters.jpgAn historic one to note: AMD drops case against Intel for $1.25bn

Intel and AMD today issued the same statement about a decision to end all outstanding legal disputes between the two companies, writes David Manners.

The joint statement reads:
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, and Intel will pay AMD $1.25 billion.
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1 Comment

Just the settlement between two companies isn't enough. What about the illegal $Bs activities between the two companies? It takes two, Intel and Dell, to tango. EU and the various US legal authorities should also fine and prosecute Dell too. Otherwise, they only have the case half done!

It's even more important to prosecute the individuals involved, at least the two CEOs, in order to educate people, particularly powerful CEOs who think they are above the law and untouchable! Those activities are decided and carried out by the involved individuals. Why can they simply get away completely?

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This page contains a single entry by Alun Williams - Electronics Weekly.com published on November 12, 2009 4:08 PM.

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