Intel To Pay $300M To Settle Chip Patent Suit

Law360, New York (October 20, 2005, 12:00 AM EDT) -- In another victory for the legal team that extracted $225 million out of Intel to settle a patent lawsuit brought by Intergraph, the chip giant has agreed to pay $300 million to end a lawsuit brought by a much smaller chip design company.

As part of its quarterly earnings report, Intel said Tuesday it had settled a patent suit brought last year by MicroUnity. Of the $300 million to be paid, $140 million was charged against earnings in Intel's most recent quarter.

The settlement also covers...
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