Nvidia announced that it has signed a new six-year cross-licensing agreement with Intel. For the future use of Nvidia's technology, Intel will pay Nvidia an aggregate USD 1.5 billion in licensing fees, payable in five annual installments beginning 18 January. Nvidia and Intel have also agreed to drop all outstanding legal disputes between them. Under the new agreement, Intel will have continued access to Nvidia's full range of patents, and Nvidia will retain use of Intel's patents, consistent with its existing six-year agreement with Intel. This excludes Intel's proprietary processors, flash memory and certain chipsets for the Intel platform. The existing agreement is to expire 31 March.
