The first agreement grants to Intel a non-exclusive license to use and exploit certain Transmeta technologies commercially. A second agreement is an amendment to a settlement and license agreement from December 2007, which granted to Intel a perpetual non-exclusive license to all Transmeta patents and patent applications.
As a result it will receive from Intel a one-time, non-refundable payment of $91.5m in the third quarter of 2008.
The first agreement grants to Intel a non-exclusive license to use and exploit certain Transmeta technologies commercially. A second agreement is an amendment to a settlement and license agreement from December 2007, which granted to Intel a perpetual non-exclusive license to all Transmeta patents and patent applications.
As a result it will receive from Intel a one-time, non-refundable payment of $91.5m in the third quarter of 2008.