Intel Investors - Intel and Cyrix/NSM SETTLE the Patent Infringement Suit Filed by Cyrix
I think I predicted this a few months ago!
Paul
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biz.yahoo.com
Tuesday February 3, 3:29 pm Eastern Time
Company Press Release
Intel and National Semiconductor Settle Cyrix Lawsuit
Extend Patent Cross-License Agreement
SANTA CLARA, Calif.--(BUSINESS WIRE)--Feb. 3, 1998--Intel Corporation and (NASDAQ: INTC
- news) and National Semiconductor Corporation (NYSE: NSM - news) today announced theyhave settled a patent infringement lawsuit and extended the term of the existing patent cross-license agreement between the two companies.
The settlement dismisses a patent infringement lawsuit filed by Cyrix Corporation against Intel in May 1997. Cyrix became a wholly owned subsidiary of National Semiconductor on Nov. 17, 1997.
Under the settlement, Intel and National agreed to extend the term of their long-standing broad patent cross-license. Other terms of the settlement were not disclosed.
Intel, the world's largest chip maker, is also a leading manufacturer of personal computer, networking and communications products. Additional information is available at www.intel.com/pressroom.
National Semiconductor Corporation, a Fortune 500 company, produces system-on-a-chip silicon solutions for the information highway, based on its leadership in analog and mixed-signal technologies. National is headquartered in Santa Clara, California, and focuses on the
communications, personal systems, and consumer marketplace. National has annual sales of approximately $2.5 billion and 13,000 employees worldwide. Additional company and product information is available on the World Wide Web at www.national.com.
Contact:
Intel
Chuck Mulloy, 408/765-3484
chuck_mulloy@ccm.sc.intel.com
or
National Semiconductor
Alan Bernheimer, 408/721-8665
alan.bernheimer@nsc.com |
