Shane McGlaun14 November 2009, 7:00 AM
Intel and AMD reach an agreement in long running legal row.
AMD announced unexpectedly yesterday that it and Intel were
settling all antitrust and IP disputes (PDF). Let me wait for a second while you run to the window to check for flying pigs. The thing that really blows my mind about the settlement is that in the realm of things the fine seems to be light to me in light of the accusations AMD made.
It cost Intel about $1.29 billion ($US1.2 billion) to settle the case. The two companies also announced that they would be entering into a 5-year cross-licensing agreement with their patents and IP. That probably means that AMD was treading on a few Intel patents as well.

Any of these in your neck of the woods?
The two CPU giants issued a joint statement saying, "While the relationship between the two companies has been difficult in the past, this agreement ends the legal disputes and enables the companies to focus all of our efforts on product innovation and development."
AMD is dropping all pending litigation against Intel in the U.S. and in Japan. AMD has also agreed to drop all regulatory complaints worldwide. All the gory details of the agreement will be made public in a filing with the Securities and Exchange commission in America.