Nvidia will receive $ 1.5 billion from Intel in 5 years

    This is a consequence of the peace agreement of both companies, which have withdrawn all lawsuits regarding the rights to their technology. For several years, Intel has sued Nvidia, then vice versa (the so-called patent wars). Today it became known that the companies were able to reach a peace agreement, which will cost Intel $ 1.5 billion over five years. But payments will be made for a reason, in return Intel will receive rights to use Nvidia's patents in the field of graphics. In addition, Nvidia will also gain access to some of Intel's proprietary technologies.

    In principle, companies had earlier access to certain technologies of each other, on the basis of which a dispute arose, back in 2009. Then Intel accused Nvidia of the fact that the latter abuses access to the partner’s patents, using the obtained technologies to a greater extent than indicated in the contract. Without thinking twice, Nvidia filed a lawsuit against Intel, and the lawsuit had a wording similar to that of Intel - the same violation of patent rights, violation of contract terms.

    Perhaps Intel is a little more “guilty” than Nvidia, since the management of the corporation agreed to make such large payments. True, one and a half billion US dollars over five years for Intel is not a very burdensome payment, plus the company also gets access to all Nvidia technologies of interest to it.

    In principle, both companies won by concluding a peace agreement - Intel will use the partner technology necessary for the company, and Nvidia also receives significant funds for the modernization of production and the commissioning of new production lines.

    It is worth noting that at CES both companies announced new interesting projects, the practical implementation of which we will be able to see in the near future.

    Via CNET

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