As noted on Forbes.com on November 12, 2009, Intel Corporation will pay rival Advanced Micro Devices Inc. $1.25 billion to settle the claim by AMD regarding Intel’s sales tactics in that Intel purportedly threatened PC makers and paid them to not use AMD chips.
http://www.forbes.com/feeds/ap/2009/11/12/technology-industrials-us-intel-amd-settlement_7115693.html
Key issues retrieved from this link are as follows:
“Under the terms of the new agreement, AMD and Intel entered into a new, five-year cross-licensing deal. Intel dropped claims that AMD breached the earlier agreement. And AMD is dropping all litigation against Intel and withdrawing its regulatory complaints worldwide.”
“The settlement does allow Intel to duck a trial set for March in Delaware over a federal lawsuit AMD filed in 2005.”
“It (Intel) still has to deal with the antitrust charges that AMD pressed governments to file.”
What seems like a bargain payoff for Intel, may still end up costing them billions more in the end after the antitrust litigation is complete.
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