Intel Settles with AMD for $1.25 Billion

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Intel Settles with AMD for $1.25 Billion

Intel today agreed to pay $1.25 billion to settle all of its disputes with AMD. The agreement counts for both antitrust and payment issues, essentially ending the legal war between the two companies. Intel has been the target of many antitrust lawsuits over the last several years in the US, Asia, and Europe. In today’s deal, Intel agreed to not participate in any more exclusionary tactics (even though the company insists it never participated in the first place), and both companies also agreed to meet quarterly and cross-license each other’s patents for the next five years.

Full Story (NYTimes.com)

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