Feeds

Intergraph trousers $300m in Intel deal

Accord in Alabama, but Alamo in Texas

  • alert
  • submit to reddit

Intel is to pay Intergraph $300m to settle longstanding Pentium patent infringement claims filed in Alabama by Intergraph.

But the adversaries are still slugging it out in Texas, where a patent suit in U.S. Federal District Court in Marshall will "proceed as planned".

However they have come to an unusual agreement upon liquidated damages for the later case, Intel says in a statement.

"The liquidated damages range from zero if Intel prevails, and $150 million if Intergraph prevails and up to $250 million if Intergraph prevails on appeal."

Under the Alabama accord, the companies have signed a cross license agreement, while Intergraph will "transfer ownership of certain unrelated patents".

No other details have been revealed. Intergraph last year won a patent infringement case against Intel. It had developed technology when designing the C5 Clipper chip in the early 90s, which was used by Intel for the design of the Pentium chip.

The pair were ordered by the court to enter arbitration - and they started talking last week. Intergraph and its shareholders must be very pleased, especially if there is a continuing royalty stream coming its way from Intel. As all "other terms of the settlement are confidential" we can but speculate. ®

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.