Intel and AMD settle antitrust case

 

Agree to halt all ongoing legal action.

View larger image View larger image View larger image

See all pictures here »

AMD and Intel today announced an antitrust settlement that will see Intel pay its arch rival $1.25bn ($1.35bn).

The agreement also brings to a close all ongoing legal wrangles between the two firms, including patent disputes.

The truce marks the end of an antitrust case brought by AMD in 2005.

The company alleged that Intel was preventing it from doing business by offering financial sweeteners to PC makers.

Intel vehemently denied the charges.

In a statement the firms said, "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 the agreement, both sides will drop any other litigation they have planned.

A five-year cross-licensing deal was also announced as part of the settlement.

Copyright ©v3.co.uk


 
 
 
Top Stories
The CISO’s dilemma: Do you trust your partner’s partner?
[Blog post] How far down the chain do you check?
 
Microsoft confirms Australian Azure launch
Available from next week.
 
NBN Co names first 140 FTTN sites
National trial extended.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
In which area is your IT shop hiring the most staff?




   |   View results
IT security and risk
  25%
 
Sourcing and strategy
  12%
 
IT infrastructure (servers, storage, networking)
  23%
 
End user computing (desktops, mobiles, apps)
  14%
 
Software development
  27%
TOTAL VOTES: 283

Vote
Would your InfoSec team be prepared to share threat data with the Australian Government?

   |   View results
Yes
  60%
 
No
  40%
TOTAL VOTES: 101

Vote