Intel and Nvidia announce $1.5 billion cross-licensing deal

(Image courtesy of Engadget)

Intel and NVIDIA have announced a six-year, $1.5 billion dollar technology cross-licensing deal that marks the end of a long patent dispute between the two chipmakers. On a conference call this afternoon, NVIDIA representatives described the agreement as a way to extend each company's access to the other's technology.

Intel will pay NVIDIA $1.5 billion over the next six years for access to its patent portfolio, which includes its GPU and supercomputing technology. In addition to the cash, NVIDIA will also get access to parts of Intel's patent portfolio, including patents covering microprocessors and chipsets. However, the deal excludes proprietary Intel x86 designs, and some other areas like flash memory.

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via ArsTechnica