Posted by Calixte Pictet | 0 comments
AMD and Intel settle
AMD (NYSE: AMD) And Intel (NASDAQ: INTC) have reached to an agreement concluding disputes. The joint press-release says it all (I emphasized some points):
November 12 2009
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. Intel has also agreed 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 debate is already on: should AMD have asked for more ?
Here’s the link for the anouncement from the AMD website.
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