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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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By fatedtodie on 11/12/2009 11:54:39 AM , Rating: 5
Not really in tune with what Intel did are you? It wasn't just Intel squeezing and bribing and all that. That cost revenue, which in turn stunted product AND R&D. So it is not an excuse, it was a REASON (please learn the difference). I would use a car analogy but people on this site automatically rate down for that.

Basically they were being smothered. Now they have potentially a chance to breathe. If Intel gives nvidia the same courtesy maybe we might have true competition again. Competition is good for all of us (even if you hate AMD) as it drives everyone to make better products.

And while Intel is leading the way it is with ALOT of AMD ideas. It wasn't until the i7 that Intel used a cache/core idea rather than a pooled cache, which ALL AMD multi-core chips do. AMD developed the more compatible x64 standard...

Intel does lead... for now, but hopefully they will lose market share to AMD and need to stay innovating and cost effective. AMD has always been better at the Ghz/price wars.


By Reclaimer77 on 11/13/2009 3:07:33 AM , Rating: 2
quote:
Not really in tune with what Intel did are you?


What they were ACCUSED of doing, not what they did. Correction.


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