Re: opty / Re: New Pacer--UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF
posted on
May 01, 2009 10:50AM
Additional terms of the agreements are being kept under wraps, but AMD spokesman Robert Keosheyan told internetnews.com that ultimately, the deal allows AMD to protect itself from Intel.
"This patent portfolio has been the source of some significant litigation," Keosheyan said. "Licensing the technology protects us and ensures our customers won't get sued. Purchasing of the stock basically ensures our voting rights in proxy if it is ever challenged."