Online information source for semiconductor professionals
Intel pays AMD US$1.25 billion to end outstanding litigation
Popular articles
Oberai discusses Magma’s move into solar PV yield management space - 29 August 2008
Samsung and Micron gain most market share in DRAM crisis - 17 February 2009
TSMC hosts 2008 Green Forum on ‘green’ factories - 31 October 2008
Micron moving fast on Hynix in Q208 NAND flash rankings, says iSuppli - 19 August 2008
Numonyx to close California Technology Center - 12 August 2008
In an effort to draw the line under antitrust and patent cross license
disputes with AMD, Intel Corp has agreed to pay AMD US$1.25 billion to
end outstanding litigation. As a result, AMD will withdraw all of its
regulatory complaints against Intel. The competitors will also enter
into a new 5-year patent cross license agreement, which suggest
possible problems with licensing spin-off GlobalFoundries have also
been averted.
Intel now expects spending (R&D plus MG&A) in the fourth quarter to be approximately $4.2 billion, up from $2.9 billion to take into account the payment to AMD.