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TI to pay Intergraph $18 million

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On September 11, 2003, 12:35 AM

Intergraph on Wednesday said Texas Instruments will pay a one-time $18 million licensing fee as part of a settlement ending all patent litigation between the two companies.

Under the agreement, TI will license three Intergraph patents that describe how a chip can process instructions in parallel. Intergraph had argued the technology was an essential component of TI's digital signal processors, its flagship product.

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