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Intel will pay Nvidia $1.5 billion in licensing fees as part of a new six-year agreement.
"For the future use of Nvidia's technology, Intel will pay Nvidia an aggregate of $1.5 billion in licensing fees payable in five annual installments, beginning Jan. 18, 2011," Nvidia announced today.
Furthermore, Nvidia and Intel have agreed to drop all outstanding legal disputes between them. "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, in a statement.
Intel and Nvidia had both sued each other in early 2009 in a dispute that originally centered on a chipset license agreement. Intel had contended the cross license does not extend to Intel's future-generation processors. And Nvidia countersued blocking access to its patent portfolio.
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"For the future use of Nvidia's technology, Intel will pay Nvidia an aggregate of $1.5 billion in licensing fees payable in five annual installments, beginning Jan. 18, 2011," Nvidia announced today.
Furthermore, Nvidia and Intel have agreed to drop all outstanding legal disputes between them. "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, in a statement.
Intel and Nvidia had both sued each other in early 2009 in a dispute that originally centered on a chipset license agreement. Intel had contended the cross license does not extend to Intel's future-generation processors. And Nvidia countersued blocking access to its patent portfolio.
Webmaster Forum | SEO Forum | Coding Forum | Graphics Forum</b>