Feeds

Intel pays $250m to end Transmeta patent fight

Inks deal for ten years of patents

Internet Security Threat Report 2014

Intel has agreed to stump up $250m to Transmeta to settle the patent dispute case between the firms without battling through the courts. Intel will pay its rival $150m in a lump sum, plus an annual license fee of $20m for the next five years.

Transmeta sued Intel back in October 2006, alleging that the chip giant infringed ten of its patents covering power management and computer architecture in its Pentium III, 4, M, Core and Core 2 products. Intel hit back, claiming that Transmeta's technology stepped over the line on many of its patents too.

The stage was set for a lengthy legal battle, and after a year of wrangling, lawyers have come to terms.

The agreement between the two firms grants Intel non-exclusive access to the technologies, in addition to "any patent rights later acquired by Transmeta, now existing or as may be filed during the next ten years".

For its part, Intel promises not to sue Transmeta for developing and licensing its own technologies based on its patents.

Transmeta issued a statement from its CEO, Les Crudele: "We are very pleased to have reached this agreement with Intel. We believe that this arrangement will create value for Transmeta stockholders both by realising immediate financial value for our intellectual property rights and by supporting our technology development and licensing business going forward."

At the time of writing, no statement had been issued by Intel. ®

Intelligent flash storage arrays

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.