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Intel will pay Transmeta Corporation $150 million and $20 million annually during the next five years to settle a patent dispute and use various microprocessor technologies that Transmeta claimed infringed on its patents, both companies announced Oct. 24.
Transemta had accused Intel of using its patented LongRun and LongRun 2 technologies, which help manage the power to the microprocessor, in its Pentium III, Pentium 4, Pentium M, Core and Core 2 processors, according to the original lawsuit filed in October 2006 in U.S. District Court in Delaware.
The settlement now allows Intel access to those technologies.
Once known for its Crusoe line of processors for notebooks, Transmeta now focuses on licensing its processor technology to other companies and helping other businesses develop and design microprocessors.
In July, Advanced Micro Devices, Intels main chip rival, announced that it would invest $7.5 million in Transmeta.