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Intel Pays AMD The $1.25 Billion It Owed, AMD Throws A Check-Cashing Party

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News Posted: Fri, Dec 11 2009 3:21 PM
We know it's just semantics, but evidently AMD billed Intel with NET30terms, because just under a month after Intel decided to cough up awhopping $1.25 billion in order to put an end to the lingering (andcostly) litigation between the two regarding antitrust claims and IPdisputes, Intel has delivered. AMD just received one of the biggestchecks that have probably ever arrived at its mailstop, with a cool$1.25 billion moving out of Intel's coffers and into AMD's piggy bank.

According to the release, the payment "settles monetary terms regardingan agreement over a number of antitrust patent disputes," and of coursethis also means that the two are exchanging patent rights at the verybeginning of their five-year agreement. It's tough to say what AMD willend up doing with the cash, but it's definitely a lot of dough to justreceive all of a sudden. Will it fast-track mobile platform chips? Bustout a consumer level 16-core CPU? Just use it to buy anti-Intel ads?Only time will tell, but we're sure hoping the cash will enable thecompany to make a really serious push in the coming year to gainingback some of that market share it has lost.


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3vi1 replied on Sat, Dec 12 2009 3:42 PM

I'd like to think AMD would push the money into research and manufacturing, but my 20 dilbertesque years experience in the corporate world leads me to expect: "BONUSES FOR ALL EXECS AND THE LEGAL DEPARMENT! WOOHOO!"

What part of "Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn" don't you understand?

++++++++++++[>++++>+++++++++>+++>+<<<<-]>+++.>++++++++++.-------------.+++.>---.>--.

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Big SmileBeerYesStick out tongueDrinksSmile

 

 SPAM-posters beware! ®

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acarzt replied on Sun, Dec 13 2009 3:02 AM

my thoughts exactly

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realneil replied on Sun, Dec 13 2009 11:44 AM

Now they can make an invisible computer.

 

But how would we know for sure that they did?

Dogs are great judges of character, and if your dog doesn't like somebody being around, you shouldn't trust them.

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