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  (Source: softsailor.com)
Intel, AMD kiss and make up

Intel and AMD have been involved in long-standing dispute over intellectual property and antitrust issues. Intel was fined $1.45B by the EU for its anticompetitive practices and last week, New York Attorney General Andrew Cuomo filed an antitrust lawsuit against Intel.

Cuomo had rather harsh words for Intel, stating, “Rather than compete fairly, Intel used bribery and coercion to maintain a stranglehold on the market. Intel’s actions not only unfairly restricted potential competitors, but also hurt average consumers who were robbed of better products and lower prices.”

However, Intel and AMD now appear to be making amends. The pair issued a joint statement today which reads, “While the relationship between the two companies has been difficult in the past, this agreement ends the legal disputes and enables the companies to focus all of our efforts on product innovation and development.”

As a part of the settlement, Intel will pay AMD $1.25 billion, AMD will drop all of its pending lawsuits against Intel, and the pair will enter into a new 5-year cross license agreement. In addition, Intel will "abide by a set of business practice provisions" in the future.

AMD CEO Dirk Meyer today championed the agreement, stating, "Today, I am pleased to announce the last major component of that transformation – in the form of a transparent and public agreement with Intel to create a level playing field in the x86 processor industry – taking us one big step closer to achieving our bold vision."

Meyer continued, adding, "Today marks the beginning of a new era... one that confirms that the game has changed for AMD. It is an important milestone for us, for our customers, our partners, and most important – for consumers and businesses worldwide. In addition, it represents the culmination many years of litigation and regulatory engagement."

Following the announcement, AMD shares are up 25 percent to $6.61 while Intel is up almost a percentage point to $20.05 as of 10:00 AM EST.



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RE: All I can say is...
By just4U on 11/12/2009 11:47:46 AM , Rating: 3
Not me. I tend to go with AMD products for the lower and mid range. I've been very impressed with the PII and Athlon 2 are no slouches either. Plus the current selection of board offering are (imo)icing on the cake.


RE: All I can say is...
By rcc on 11/12/2009 12:13:12 PM , Rating: 2
lol, the PII has been obsolete for a lot of years, although you still run across them occasionally.

Why do people insist on reusing common acronyms within the same field.


RE: All I can say is...
By just4U on 11/12/2009 12:27:21 PM , Rating: 2
Because it's popular and catchy... so why not? People know that in this context the PII means the Phenom 2. I expect to hear the same complaint when they eventually launch the P3 (chuckle)


RE: All I can say is...
By GodisanAtheist on 11/12/2009 3:41:20 PM , Rating: 2
Yeah, but why not the PH2? Not only does it better differentiate the product, it should make any red-blooded nerd think of acidity, which in some circles is cool.

And its only gonna bite them in the ass if they make it to P4...


RE: All I can say is...
By Silver2k7 on 11/13/2009 4:25:01 AM , Rating: 2
lol yeah PII = Pentium 2 ^^


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