Intel And AmberWave Systems Corporation Announce Settlement of Strained Silicon Patent Infringement Litigation and License Agreement

Intel Corporation and AmberWave Systems Corporation have settled all patent infringement suits pending between them related to AmberWave Systems strained silicon patent portfolio. Under the agreement, Intel has received a license to all AmberWave patents and patent applications either existing today or filed during the agreement’s ten-year term. The companies also have agreed to continuing discussions and evaluation of AmberWave’s ongoing technology research and development efforts. Intel will make license payments to AmberWave over the term of the agreement. All other terms of the agreement are confidential.

AmberWave Systems, founded in 1999, researches, develops, patents and licenses advanced semiconductor materials technology, including strained silicon, critical to today’s high speed electronic and optoelectronic chips.

Intel, the world’s largest chipmaker, is also a leading manufacturer of computer, networking and communications products.