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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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Priyeshbabariya
Member



Posts: 54
Joined: 2013-12-25

#4744816 Posted on: 01/16/2014 07:45 AM
Now Its Time to Nvidia GTX 4670K @ 4.7 Ghz with CUDA Core included with GTX 780ti...lol..

chanw4
Member



Posts: 2362
Joined: 2008-07-03

#4744817 Posted on: 01/16/2014 08:02 AM
Nvidia doesn't get the x86 license from the cross deal i thought?

nick0323
Senior Member



Posts: 1010
Joined: 2010-02-24

#4745355 Posted on: 01/17/2014 12:04 AM
Dat funds.
Dem monies.

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