Biting the hand that feeds IT
Biting the hand that feeds IT
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AMD gives up processor profits to IntergraphPatent payoutPublished Monday 12th April 2004 12:35 GMT AMD has agreed to pay Intergraph up to $25m to settle a chip patent dispute. AMD and Intergraph have put an end to their legal feud that included a lawsuit in the United States District Court for the Northern District of California. Under the terms of their agreement, AMD will pay Intergraph $10m and shell out 2 per cent of the profits from its microprocessor business over the next three years (2005-2007). Shocking! Well, not exactly. The two companies have set a $5m per year cap and a $25m overall cap on the deal. Relatively speaking, AMD got off light with the lawsuit-happy Intergraph. Intel settled last month with Intergraph for $225m. That amount was added to hundreds of millions of dollars Intergraph pulled in from Intel in previous rulings. Intergraph has been seeking compensation for its high-end processor patents. ® Related storiesIntel to pay $225m to settle Itanic patent clash
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