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Corporate & Securities Law

: Antitrust Review

Intel and AMD settle for $1.25 billion dollars

By David Fischer

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Earlier today it was announced that Intel and AMD settled their long running antitrust dispute(s).  Reuters reports:

Intel Corp will pay rival chipmaker Advanced Micro Devices Inc $1.25 billion to settle all outstanding legal disputes ….

…

AMD said it will withdraw all its regulatory complaints against Intel. The two companies also sealed a five-year cross-licensing deal and said they would give up any claims of breach from their previous license agreement.

…

AMD said it will drop all pending litigation against Intel, including a case in the U.S. District Court in Delaware and two cases pending in Japan.

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Full post as published by Antitrust Review on November 12, 2009 (boomark / email).

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