Saturday, October 20, 2007

INTEL PAYS $250 MILLION PATENT SUIT

CHICAGO Intel to Pay $250 Million to End Patent Suit Intel Corp. agreed to pay $250 million to settle a patent infringement suit that struggling chipmaker Transmeta Corp. -- with a legal department of two -- filed last year against the Silicon Valley titan, which employs 240 in-house lawyers. In return for paying $150 million up front and the rest over five years, Intel gets a perpetual nonexclusive license to all of Transmeta's patents and patent applications as reported by law.com. A copy of the Lance G. Johnson, David Abrams and Alfred Goodman http://www.roylance.com/ Office of Enrollment and Disciplinary Complaint can be down loaded by clicking this link. It will take about 4-5 minutes to load the 300 page document.pages:http://ttabvue.uspto.gov/ttabvue/v?pno=91156858&pty=OPP&eno=129
Posted by LEO STOLLER at 21:15:07 | Permanent Link | Comments (0) |
Comments