AMD: We've Received the $1.25 Billion From Intel
The healing begins.
Nearly a month ago, Intel and AMD announced a settlement of $1.25 billion to end the disputes between the companies.
AMD announced late Thursday that it has received the $1,250,000,000 from Intel, according to Trading Markets. This satisfies one of the terms of the settlements, which are:
Under terms of the agreement:
- AMD and Intel obtain patent rights from a new 5-year cross license agreement
- Intel and AMD will give up any claims of breach from the previous license agreement
- Intel will pay AMD $1.25 billion.
- Intel agrees to abide by a set of business practice provisions.
As a result, AMD will drop all pending litigation including the case in U.S. District Court in Delaware and two cases pending in Japan. AMD will also withdraw all of its regulatory complaints worldwide.
In a joint statement, the two companies commented, "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."

-- If only.
-- If only.
would that be the {} set?
depends how much in debt is amd still or does the 1.25 bil actually brings them out of the red for once in a blue moon
If anything not suing intel for anti trust would bring cheaper cpus are intel uses its larger bulk facilities to terrorize companies into buying their cpu on the cheap (with a small prevision not to buy a lot of amd's crap) or pay what they are really worth
All in all, we all agree that this is good (to some extent) for us, the end consumer 8)
Hope Intel can come up with a better IGP or get his GPGPU well done with this "focus" time. Same goes for AMD/ATI as well, off course, but they're well headed IMHO.
Cheers!
You say that as if Apple has 1. Something Microsoft wants, and 2. Something to settle.
Apple hasnt done anything truely innovative since the iPod.
The guy's gone, at least from central AMD.