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===Transmeta Patent Infringement Case===
 
===Transmeta Patent Infringement Case===
In 2006, Transmeta Corporation,a company engage in developing and licensing innovative computing, microprocessor and semiconductor technologies and other related intellectual property filed a patent infringement case against Intel. According John O'Hara Horsley, Vice-president of the company said, "After endeavoring to negotiate with Intel for fair compensation for the continued use of our intellectual property, we have concluded that we must turn to the judicial system to be fairly compensated for our inventions." Transmeta alleged that Intel used Transmeta inventions on its microprocessor product lines including Intel Pentium III, Pentium 4, Pentium M, Core and Core 2. The company requested a court order prohibiting Intel to continue to sell the products, financial damages and royalties on infringing products including attorneys fees. <ref>[http://web.archive.org/web/20070501122930/http://investor.transmeta.com/ReleaseDetail.cfm?ReleaseID=214275 Transmeta Announces Patent Infringement Lawsuit Against Intel Corporation]</ref>
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In 2006, Transmeta Corporation,a company engage in developing and licensing innovative computing, microprocessor and semiconductor technologies and other related intellectual property filed a patent infringement case against Intel. According John O'Hara Horsley, Vice-president of the company said, "After endeavoring to negotiate with Intel for fair compensation for the continued use of our intellectual property, we have concluded that we must turn to the judicial system to be fairly compensated for our inventions." Transmeta alleged that Intel used Transmeta inventions on its microprocessor product lines including Intel Pentium III, Pentium 4, Pentium M, Core and Core 2. The company requested a court order prohibiting Intel to continue to sell the products, financial damages and royalties on infringing products including attorneys fees. <ref>[http://web.archive.org/web/20070501122930/http://investor.transmeta.com/ReleaseDetail.cfm?ReleaseID=214275 Transmeta Announces Patent Infringement Lawsuit Against Intel Corporation]</ref> In 2007, Transmeta settled the case with Intel. TRansmeta agreed to license the Transmeta patent portfolio to Intel. In return, Intel will make an initial payment of $150 million to Transmeta and a $20 million annual license fee for the next five years.<ref>[http://www.reuters.com/article/2007/10/24/transmeta-lawsuit-intel-idUSWNAS782620071024 Transmeta settles patent suit with Intel]</ref>
    
==References==
 
==References==
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