Intel and AMD settle for $1.25 billion dollars
Earlier today it was announced that Intel and AMD settled their long running antitrust dispute(s). Reuters reports:
Intel Corp will pay rival chipmaker Advanced Micro Devices Inc $1.25 billion to settle all outstanding legal disputes ….…
AMD said it will withdraw all its regulatory complaints against Intel. The two companies also sealed a five-year cross-licensing deal and said they would give up any claims of breach from their previous license agreement.
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AMD said it will drop all pending litigation against Intel, including a case in the U.S. District Court in Delaware and two cases pending in Japan.
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