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

Submitted by admin on Friday, 11 December 2009No Comment

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. 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’ originally appeared on Engadget on Fri, 11 Dec 2009 10:49:00 EST. Please see our terms for use of feeds.

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