Peace Intel-AMD Value $ 1.25 Billion

The problems between the two microprocessor companies, Intel and AMD in the courts finally ended. Both agreed to resolve disputes, and Intel will pay AMD U.S. $ 1.25 billion.

Both peace agreement stipulated in a treaty. “If a harmonious relationship between the two companies is unlikely in the past, this agreement will end the legal dispute and allow both companies to concentrate on innovation efforts and product development,” the essence of the agreement between Intel and AMD are.

As part of the agreement, Intel will pay U.S. $ 1.25 billion for AMD. In the meantime, AMD will stop the lawsuit on Intel. In addition, Intel is also required to comply with a set of rules in business practices.

AMD CEO Dirk Meyer considered that this agreement will provide an opportunity for companies to compete fairly.

Previously, AMD accused Intel had committed fraud in business, by offering discounts to computer makers who agreed not to buy chips from AMD. The case was eventually rolled into the court.