Thursday, November 12, 2009

AMD Nicks Intel for $1.25 Billion

Boy, spend a few minutes musing about AMD's Fusion strategy and the world passes you by.

Intel is settling its 2005 suit with AMD for an eyebrow raising $1.25 billion. That cash will do a lot to clean up AMD's balance sheet (after deducting the fees for lawyers who read 2.000,000 pages of records and countless e-mails).

More details are forthcoming.

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