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Guru3D.com » News » Intel will pay $1.5 billion in Nvidia settlement

Intel will pay $1.5 billion in Nvidia settlement

by Hilbert Hagedoorn on: 01/15/2014 10:33 AM | source: | 13 comment(s)
Intel will pay $1.5 billion in Nvidia settlement

Intel and Nvidia are burying the hatchet and put away their differences and ongoing lawsuit and have settled for a $1.5 billion, six year cross-licensing agreement between the rival chipmakers. The long-term patent deal will see both companies using each others technologies and an end to any and all outstanding legal issues between the two firms.

"This agreement ends the legal dispute between the companies, preserves patent peace and provides protections that allow for continued freedom in product design," said Doug Melamed, Intel senior vice president and general counsel. "It also enables the companies to focus their efforts on innovation and the development of new, innovative products."

Under the deal, Intel, the world's largest chipmaker will fork out US$1.5 billion in five annual installments, in exchange for Nvidia's full range of patents. According to Nvidia, they will retain use of Intel's patents, consistent with its existing six-year agreement.

However this excludes Intel's proprietary processors, flash memory and certain chipsets for the Intel platform.

"This agreement signals a new era for Nvidia," said Jen-Hsun Huang, Nvidia's president and CEO. "Our cross license with Intel reflects the substantial value of our visual and parallel computing technologies. It also underscores the importance of our inventions to the future of personal computing, as well as the expanding markets for mobile and cloud computing."

In November 2009, Intel paid rival AMD US$1.25 billion as part of a five-year cross-licensing deal in order for AMD to drop its legal charges.

With the exception of one agreement term that is confidential, Intel has made the entire Nvidia deal available online at www.intel.com/pressroom/legal.



Intel will pay $1.5 billion in Nvidia settlement




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Denial
Senior Member



Posts: 14092
Joined: 2004-05-16

#4744419 Posted on: 01/15/2014 05:53 PM
So yeah this happened and was reported on in 2011. No idea why its on the frong page of Intel's news. Plus they don't get X86 with the cross deal.

sykozis
Senior Member



Posts: 22472
Joined: 2008-07-14

#4744503 Posted on: 01/15/2014 07:40 PM
So yeah this happened and was reported on in 2011. No idea why its on the frong page of Intel's news. Plus they don't get X86 with the cross deal.


Looks like the page hasn't been updated in a while. There's still a posting on Intel's news page about the case with the FTC from 2010.

mitzi76
Senior Member



Posts: 8738
Joined: 2008-09-22

#4744504 Posted on: 01/15/2014 07:44 PM
1.5 billion! that's not to be sniffed at...

p.s you wonder about how much they have spent on lawyers fees though..

Xtreme1979
Senior Member



Posts: 1328
Joined: 2004-05-18

#4744745 Posted on: 01/16/2014 02:04 AM
This seems like old news. :scratcheshead:

Spets
Senior Member



Posts: 3501
Joined: 2011-05-10

#4744813 Posted on: 01/16/2014 07:21 AM
Yeah this ones on me, someone posted it and I reposted it without checking the dates. Although I never read the agreement properly until now http://download.intel.com/pressroom/legal/Intel_Nvidia_2011_Redacted.pdf

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