Intel and AMD’s long-standing war about patent infringement has finally come to an end, with Intel settling the case outside court for a staggering sum of $1.25 billion. This settlement puts an end to all the legal squabbles between the two, including patent infringement cases, anti-trust litigations and any other charges that AMD had levied against the leading chip manufacturer.
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." Looks like the relationship isn’t going to be much less than difficult in the future either!
The settlement states that Intel will cough up the $1.25 billion within 30 days, agree to adhere to business practice provisions, and give up any patent claims against AMD. The patent rights will be given to both companies in a cross-licensing pact.
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