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Patent Dispute Settled

Bloomberg News

Intel Corp. and Via Technologies Inc. said they have settled a breach-of-contract dispute stemming from a 1998 cross-licensing agreement for computer chipsets. Under the settlement, Via Technologies will pay Intel an undisclosed amount of money in addition to continuing royalty fees. The settlement also will result in dismissal of patent infringement suits filed in Britain, Singapore and the United States, the companies said. Santa Clara, Calif.-based Intel had accused Via Technologies of breaching a contract to make and design P6 chipsets, or components on a computer’s main printed circuit board that manage the flow of information. Taiwan-based Via Technologies is the world’s second-largest maker of computer chipsets. Intel fell $5.25 to close at $131.63 on Nasdaq.

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