Intel Corp and Chips & Technologies Inc have rather surprisingly succeeded in settling their differences over patents, subject of lawsuits filed in February 1992, which named Chips’ Super 386, SuperMath, and PC Chip products, and Intel’s 80386SL: each party is releasing the other and its customers from past liabilities and the two companies are granting each other licence rights on key patents – Intel will grant Chips a licence on some of its 8086 patents and Chips will grant Intel a licence on some of its memory controller; Intel will receive royalties for use of the Palmer reissue patent on any maths co-processor products manufactured by Chips & Tech in the future, and the latter will dismiss its anti-trust and unfair competition claims against Intel; nothing more will be said.
