At the close of the stock market, NVIDIA has announced that Intel has agreed to a $1.5B settlement for a dispute concerning the use of NVIDIA’s graphics technology (patents) in Intel’s products (read previous stories). NVIDIA will provide more details at 2pm today, but the $1.5B agreement will be spread in five annual payments.
Intel can continue to use NVIDIA’s intellectual property, but the agreement excludes “Intel’s proprietary processors, flash memory and certain chipsets for the Intel platform”, the announcement says. However, it doesn’t look like NVIDIA will be able to build chipsets using Intel’s front-side bus (FSB) for Core processors.
“This agreement signals a new era for NVIDIA,” “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.” (said Jen-Hsun Huang, NVIDIA’s president and chief executive officer)
Next Story: Nufront demonstrated ARM-based laptops
- 2014-04-21 Next-gen Thunderbolt To Offer 40Gbps Transfer Speeds
- 2014-04-13 Intel Education Rugged Tablet Targets Students
- 2014-04-10 ASUS Transformer Book T100 Receives CPU Upgrade
- 2014-04-06 Intel Sharks Cove Windows-Compatible Dev Board Not The Last
- 2014-04-02 Intel To Offer Exclusive Content On Devices Powered By Their Chips
- 2013-03-19 Microsoft Facing SEC And DOJ Probe Over Foreign Bribery
- 2013-03-12 Intel to build 10% of all Apple A7 Processors [Rumor]?
- 2013-02-12 Intel Set To Launch Internet TV Platform, With Set-Top Box And Camera
- 2013-02-11 Facebook Sued Over Dead Man's Patent
- 2010-03-09 Nvidia's Jen Hsun Huang 'looking forward' to day in court with Intel