Feeds

Intel settles with AMD for $1.25bn

Lawsuits wrapped up with cash, promises of good behavior

Beginner's guide to SSL certificates

If you were looking forward to a long and protracted antitrust battle between Intel and Advanced Micro Devices, you're out of luck. The two companies have buried the hatchet and settled all outstanding intellectual property and antitrust lawsuits.

Under the settlement between the rival chip companies, Intel and AMD have signed a five-year cross licensing agreement and are letting go of any claims they made against each other with regard to breaches of previous cross-licensing arrangements. Oh, and AMD gets $1.25bn and Intel agrees to "abide by a set of business practice provisions".

AMD is dropping its pending litigation in the US District Court in Delaware and two cases running in Japan, and is withdrawing all regulatory complaints it has made to various governments of the world. The two companies will file their nuptial settlement agreement in filings with the Securities and Exchange Commission and are hosting separate press conferences later today to explain the settlement.

"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," Intel and AMD said in a joint statement.

Lawyers around the world may cry now. ®

Beginner's guide to SSL certificates

More from The Register

next story
All aboard the Poo Bus! Ding ding, route Number Two departing
Only another three days of pooing and I can have a ride!
Official: European members prefer to fondle Apple iPads
Only 7 of 50 parliamentarians plump for Samsung Galaxy S
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Space Commanders rebel as Elite:Dangerous kills offline mode
Frontier cops an epic kicking in its own forums ahead of December revival
Nexus 7 fandroids tell of salty taste after sucking on Google's Lollipop
Web giant looking into why version 5.0 of Android is crippling older slabs
Dragon Age Inquisition: Our chief weapons are...
Bioware's fantasy forces in fine fettle
prev story

Whitepapers

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.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
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.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.