Intel and NVIDIA Announce Patent Cross License Agreement

Written by John Ponio    Monday, 10 January 2011 16:41

Intel Logo

Intel and NVIDIA have announced a patent cross license agreement, meaning that NVIDIA will have the right to use Intel's patents (excluding x86 and certain other Intel products) and Intel will have the right to use NVIDIA's patents. Use of each other's patents does come with a license agreement, however. This agreement also settles all license-agreement law suits between the two companies, which is an amazing feat. Intel will be paying NVIDIA $1.5 billion over the next five years. This agreement means the companies will be able to share their information more readily, (hopefully) leading to new technologies that will be developed faster because they don't have to step around patents and law suits. If you're interested in reading the agreement (minus one term that was not released), check out the .pdf here.