Intel will pay to end patent suits
From Times Wire Services
Intel Corp. agreed to pay Transmeta Corp. $250 million over five years to end patent lawsuits and license its low-power semiconductor technology.
The payments include $150 million upfront and an annual license fee of $20 million for five years, Transmeta said. Intel will be allowed to use all of Transmeta’s patents.
The dispute centered on which company owned the rights to inventions used in low-power microprocessors for notebook computers.
