Intel forks over the $1.25 billion settlement to AMD, apparently had it 'just laying

[allaboutsymbian]

http://www.blogcdn.com/www.engadget.com/media/2009/12/geico-money-1.jpg (http://www.tradingmarkets.com/.site/news/Stock%20News/2717855/)Remember that time you owed your buddy for the take out and then you found $20 in the couch? This is kind of like that. Except instead of "take out" we're talking "accusations of anticompetitive practices and stolen IP," and instead of "$20" we're referring to the $1.25 billion check that Intel just shot into the arm of AMD, as per agreement (http://www.engadget.com/2009/11/12/intel-shells-out-1-25-billion-to-settle-all-amd-litigation/). Intel certainly isn't out of the woods yet with this anticompetitive stuff, but with the biggest CPU monkey off its back and some fancy patent cross-licensing between the companies, we should hopefully see the benefits of this in better and faster chips from both chip giants in the somewhat distant future.Intel forks over the $1.25 billion settlement to AMD, apparently had it 'just laying around' (http://www.engadget.com/2009/12/11/intel-forks-over-the-1-25-billion-settlement-to-amd-apparently/) originally appeared on Engadget (http://www.engadget.com) on Fri, 11 Dec 2009 10:49:00 EST. Please see our terms for use of feeds (http://www.weblogsinc.com/feed-terms/).


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