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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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