Chipmaker Intel Corp. (INTC) agreed to pay rival Nvidia (NVDA) $1.5 billion so that the chip giant can use Nvidia technology.
The deal ends a legal battle between the two companies. Intel had previously sued Nvidia over the right to keep making an Intel-designed chip, BBC News reported. Nvidia then counter-sued.
“This agreement ends the legal dispute between the companies, preserves patent peace and…
Continue reading Intel Settles Legal Dispute With Nvidia for $1.5 Billion
Intel Settles Legal Dispute With Nvidia for $1.5 Billion originally appeared on DailyFinance on Tue, 11 Jan 2011 07:37:00.
Filed Under: Company News, Technology, Media, Intel