John Paczkowski in News on November 12, 2009 at 8:35 am PT
Earlier today, Intel and Advanced Micro Devices announced a comprehensive agreement to end their outstanding legal disputes. After the jump, AMD CEO Dirk Meyer’s official remarks about the agreement.
John Paczkowski in News on November 12, 2009 at 6:36 am PT
Wow. Intel and AMD’s seemingly endless legal battles have finally ended. The two companies said early Thursday that they have reached a comprehensive agreement that resolves their many antitrust and patent disputes. Under its terms, Intel will pay AMD $1.25 billion and agree to “abide by a set of business practice provisions” presumably crafted to temper its alleged anticompetitive practices.
John Paczkowski in News on November 12, 2009 at 4:30 am PT
AMD has been carping about Intel’s alleged anticompetitive acts without satisfaction for so long that the company evidently feels entitled to a bit of gloating now that its rival has found itself in the legal crosshairs of the European Union and New York Attorney General Andrew M. Cuomo, among others. In remarks made during AMD Financial Analyst Day, CEO Dirk Meyer said that Intel’s current legal woes “ratify” AMD’s allegations.
John Paczkowski in News on November 4, 2009 at 9:07 am PT
Looks like it’s going to be a very busy fall for Intel legal. This morning, New York Attorney General Andrew Cuomo filed a federal antitrust lawsuit against the company, alleging that it violated state and federal laws with a “systematic campaign” of illegal conduct.
John Paczkowski in News on October 13, 2009 at 1:14 pm PT
Posting third-quarter results Tuesday, Intel (INTC) said it earned 35 cents a share on revenue of $9.39 billion. That’s not quite what the company reported during the same period last year, when it saw earnings of 35 cents a share on revenue of $10.2 billion. But it’s much better than investors had been hoping for. […]
John Paczkowski in News on September 22, 2009 at 2:32 pm PT
Looks like the worst is once again behind us. In remarks at the Intel Developer Forum on Tuesday, Intel CEO Paul Otellini said the PC industry is headed for recovery, albeit slowly.
John Paczkowski in News on September 21, 2009 at 11:16 am PT
Intel’s criticism of the European Commission’s legal acumen clearly has not gone over well in Brussels. The EC today responded to Intel’s claims that the Commission’s antitrust ruling against the company was meted out in error by releasing the full text of its decision and a selection of email correspondence and internal memos that make it clear that Intel probably should have kept its big mouth shut.
John Paczkowski in News on September 16, 2009 at 4:00 am PT
“Manifestly disproportionate.” That’s how Intel describes the record $1.45 billion antitrust fine levied against it by the European Union, one the company evidently believes was meted out in error.
John Paczkowski in News on September 15, 2009 at 6:02 am PT
Longtime Intel general counsel Bruce Sewell, who left the company without explanation yesterday, evidently had good reason for doing so: He has taken a new job at Apple. That would certainly explain the “surprise” Intel expressed over his departure. And also why the company was so quick to remove his corporate bio from its Web site.
John Paczkowski in News on September 14, 2009 at 4:24 pm PT
Pat Gelsinger isn’t the only Intel veteran leaving the company amid the big management restructuring announced today. Longtime general counsel Bruce Sewell is taking his leave as well. Which is odd, since Sewell has been quarterbacking Intel’s fight against antitrust allegations at home and abroad since, well, since they were first brought against the company.