Welcome!

SOA & WOA Authors: Rizwan Ahmed, Jeremy Geelan, Ellen Rubin, Per Sjofors, Carmen Gonzalez

Related Topics: AJAX & REA, SOA & WOA, GovIT

AJAX & REA: Article

Intel Pays AMD $1.25 Billion To Settle

AMD will also drop two cases against Intel it has pending in Japan

SOA and WOA Magazine

Intel is paying AMD $1.25 billion to settle the massive private antitrust suit AMD has lodged in Delaware. AMD will also drop two cases against Intel it has pending in Japan and withdraw all of its regulatory complaints worldwide.

Intel has also agreed to abide by a “set of business practices” that has yet to detailed.

The US suit, which reportedly resulted the exchange of hundreds of millions of pages of documents and thousands of hours of depositions involved most OEMs, was to go to trial in March and promised to be highly entertaining.

The companies have also resolved Intel’s legal challenge to AMD’s right to even make x86 chips that was created by the divestiture of its fabs to a joint venture 70% owned by a third party.

The companies this morning issued a joint statement saying, “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.”

Under terms of the agreement, AMD and Intel each get patent rights under a new five-year cross-license agreement, Intel and AMD will give up claims of breach of the previous license pact.

The deal may not save Intel from legal action by the Federal Trade Commission, which has been investigating Intel for some time, and it is now looking at an antitrust suit just brought by the state of New York.

The companies have scheduled separate conference calls this morning.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.