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Intel stumps up cash for AMD

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Intel stumps up cash for AMD

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phobos

Intel stumps up cash for AMD

http://news.bbc.co.uk/1/hi/business/8357266.stm


	Quote: US chip maker Intel has agreed to pay rival AMD $1.25bn as part of a deal to settle all outstanding legal disputes between the two companies.

Thu Nov 12, 2009 3:44 pm

pcernie

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Joined: Sun Apr 26, 2009 12:30 pm
Posts: 45931
Location: Belfast

Re: Intel stumps up cash for AMD


	Quote: "While it pains me to write a check at any time, in this case I think it was a practical settlement," said Intel's chief executive Paul Otellini.

And no fcuking wonder AMD thought 2010 was going to be a good year :shock:

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Thu Nov 12, 2009 10:31 pm

veato

I haven't seen my friends in so long

Joined: Fri Apr 24, 2009 7:17 am
Posts: 5550
Location: Nottingham

Re: Intel stumps up cash for AMD

That should boost the books!

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Fri Nov 13, 2009 6:54 am

l3v1ck

What's a life?

Joined: Fri Apr 24, 2009 10:21 am
Posts: 12700
Location: The Right Side of the Pennines (metaphorically & geographically)

Re: Intel stumps up cash for AMD

The damage has been done for AMD though. When they had the best CPU's, Intel nobbled them. Now they can't compete as they haven't been able to invest in new designs.
Intel must be breaking out the champagne for this strategy only to have cost them $1.25 billion.

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Fri Nov 13, 2009 8:26 am

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