A six-year cross-licensing agreement for $1.5 billion has been signed between Intel and NVIDIA. The agreement will give Intel full access to NVIDIA’s patents. In return, NVIDIA will receive $1.5 billion over 6-years and retain access to Intel’s patents from a previous deal. The massive deal is good news for the consumer and the companies, who can continue to provide cutting edge chipsets.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.