Tuesday, January 11, 2011

Intel to pay Nvidia $1.5 billion in licensing fees | Nanotech - The Circuits Blog - CNET News

Interesting times for Intel

Intel will gain access to Nvidia's patents while paying the graphics chip supplier $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.

Intel to pay Nvidia $1.5 billion in licensing fees | Nanotech - The Circuits Blog - CNET News

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