IDTI - an IC Play on Growth Markets Message Board

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Technology Stocks : IDTI - an IC Play on Growth Markets

IDTI 48.99

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Mar 29 5:00 PM EST

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To: Woody_Nickels who wrote (6295)	2/4/1998 6:15:00 AM
From: flickerful	of 11555

Intel, Cyrix settle patent lawsuit February 3, 1998 4:56 PM PST Reuters Semiconductor giant Intel Corp. and Cyrix Corp., a developer of Intel clone microprocessors, said Tuesday they have settled a patent infringement lawsuit that Cyrix (CYRX) filed against Intel (INTC) last year. Cyrix, which last year was purchased by National Semiconductor Corp., sued Intel in May 1997. Cyrix alleged that Intel infringed on some of Cyrix's patents for certain microprocessor technologies. National Semiconductor (NSM) already had a broad patent cross-licensing agreement in place with Intel since 1976. Under Tuesday's agreement, Intel and National agreed to extend the terms of that long-standing pact. The settlement also dismisses Cyrix's lawsuit filed against Intel in May. The agreement between National and Intel had been set to expire in the year 2000, but under the settlement this pact will be extended for an unspecified amount of time. Terms of the settlement were not disclosed, but the companies said there was no financial impact. Last updated February 3, 1998 05:44:06 PM PT Copyright 1998 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. <Picture: Technology Investment information - FREE! click here>

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