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news: Intel to pay AMD $1.25 billion, settle disputes



 
 
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Old November 12th 09, 11:42 PM posted to comp.sys.ibm.pc.hardware.chips,comp.sys.intel
Yousuf Khan[_2_]
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Default news: Intel to pay AMD $1.25 billion, settle disputes

Intel pays AMD $1.25 billion, renews their cross-license agreement for
another 5 years, and drops any breach-of-contract lawsuits against AMD
(for spinning off its manufacturing arm into Global Foundaries). AMD is
now free to become completely fab-less. Some sort of private dispute
arbitrating mechanism has been setup between Intel and AMD.

However, government regulators might still go after Intel with their own
anti-trust cases.

Yousuf Khan

Intel to pay AMD $1.25 billion, settle disputes - washingtonpost.com
"SAN FRANCISCO (Reuters) - Intel Corp will pay rival chipmaker Advanced
Micro Devices Inc $1.25 billion to settle all outstanding legal
disputes, in a move that can hasten the resolution of Intel's antitrust
troubles."
http://www.washingtonpost.com/wp-dyn...111207822.html
 




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