Intel has agreed to pay Advanced Micro Devices $1.25 billion to settle several anti-trust lawsuits pending in Delaware and Japan. The lawsuits alleged Intel had paid several companies to limit their use of AMD processors in the companies' products. As a result of the deal, previous disputes of processor patent rights will be resolved by an extended, five-year cross-licensing agreement, and AMD will drop any litigation against Intel.
Intel has already been ordered to pay a €1.06bn fine over its anti-competitive practices this year, when the European Commission found the chipmaker had illegally tried to dissuade PC manufacturers and retailers from using AMD's rival products.
Intel has already been ordered to pay a €1.06bn fine over its anti-competitive practices this year, when the European Commission found the chipmaker had illegally tried to dissuade PC manufacturers and retailers from using AMD's rival products.
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