Tag Archives: cross-license

Advanced Micro Devices has clarified terms of the cross-license agreement with Intel Corp. on Thursday. As it appears, if either AMD or Intel change their control (i.e., gets acquired), the cross-license agreement between the two companies is automatically terminated for both parties. AMD and Intel have a cross-licensing agreement, which …

FOLLOW UP: AMD clarifies cross-license with Intel: change of control terminates agreement for both UPDATED: Certain terms and statements have been corrected. Devinder Kumar, chief financial officer of Advanced Micro Devices, said in a statement last week that the company could enter into joint ventures, mergers or acquisitions (M&A) agreements without …