AMD and Intel Announce Settlement of All Antitrust and IP Disputes
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."
Under terms of the agreement, AMD and Intel obtain patent rights from a new 5-year cross license agreement, Intel and AMD will give up any claims of breach from the previous license agreement, and Intel will pay AMD $1.25 billion. Intel has also agreed to abide by a set of business practice provisions. As a result, AMD will drop all pending litigation including the case in U.S. District Court in Delaware and two cases pending in Japan. AMD will also withdraw all of its regulatory complaints worldwide. The agreement will be made public in filings with the Securities and Exchange Commission.
Editors' Notes:
AMD will conduct a media and analyst call at 7am PST.
Participant Dial-In Number(s):
US/Canada Dial-In: (866) 766-4082
Int'l/Local Dial-In: (678) 401-0688
Conference ID: 1413480
Intel will conduct a media and analyst call at 8am PST.
Participant Dial-In Number(s):
US/Canada Dial-in: (877) 236-2192
Int'l/Local Dial-In: (816) 249-4176
Conference ID: 41626993
*An audio webcast is also available at www.INTC.com
About AMD
Advanced Micro Devices (NYSE: AMD) is an innovative technology company dedicated to collaborating with customers and technology partners to ignite the next generation of computing and graphics solutions at work, home and play. For more information, visit http://www.amd.com.
Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at www.intel.com/pressroom.
Poslední zprávy
- Zvolen nový místopředseda dozorčí rady ČEZ
27.03. 13:25 ČEZ - Skupina ČEZ v souladu se svou dekarbonizační strategií zahajuje divestici vybraných polských aktiv,
26.03. 07:10 ČEZ - ČEZ podepsal úvěrovou smlouvu ve výši 840 mil. EUR na financování akvizice 55,21% podílu ve společno
25.03. 18:46 ČEZ - Hospodářské výsledky za rok 2023
21.03. 07:00 ČEZ - Skupina ČEZ dosáhla dohody o akvizici 55,21% podílu v provozovateli plynárenské infrastruktury GasNe
21.03. 07:00 ČEZ