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AMD Form 8-K Filing RE Patent Cross License Details |
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Written by Chris Tom
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Tuesday, 17 November 2009 15:53 |
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We received the following statement from AMD regarding a patent cross license agreement wtih Intel just minutes ago.On November 17, 2009 AMD made a Form 8-K filing with the SEC regarding the
Company’s settlement and patent cross-license agreements with Intel. A redacted
version of AMD and Intel’s patent cross-license agreement is now publicly
available as part of the attached Form 8-K filing. GLOBALFOUNDRIES and Intel
also reached a patent agreement. The specific terms of that agreement are
confidential.
The key takeaways from the new AMD, Intel patent cross-license agreement are as
follows:
* AMD and Intel obtain patent rights from a new patent cross-license, with a
capture period that has been extended five years.
* The licenses are now royalty free for both parties.
* AMD has broad have made rights including for x86 devices.
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