End of courtroom battle, AMD gets $1.25 bln from Intel and more!
November 12th, 2009
In what is being called a ‘new era’ in the chip industry, Intel and AMD have settled their court cases, antitrust proceedings and patent disputes with the latter getting $1.25 billion along with several other agreements. For years Intel and AMD have been fighting each other in courtrooms over several issues and the bad blood was such that AMD had also launched a website in 2007, apparently to tell people about its proceedings against Intel. Intel was also fined $1.45 bln by the European Union earlier this year for illegal sales tactics. However the settlement today is certainly a win win for both parties and certainly a good sign for the consumers and the chip industry. (more…)
Categories: Tech Industry News | Tags: amd, antitrust case, european union, intel, intel antitrust case, intel vs amd, lawsuit | No Comments
European Union has ruled against Intel slapping them with a fine of $1.45 billion. The fine comes as a result of Intel’s strategy to kill the competition (i.e. AMD) by adopting illegal sale tactics.
