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Tuesday, February 5, 2013

postheadericon Creative Inks $50 Million Licensing Deal with Intel

Intel Sign

Intel

, the largest manufacturer of chips semiconductor, has signed a license agreement for $ 50 million to Creative Technology ZiiLabs and its subsidiary in the United Kingdom. Under the terms of the agreement, Intel will pay $ 20 million for the licensing of technologies related to high performance GPU ZiiLabs technology, while another $ 30 million for the transfer of engineering resources subsidiary and certain assets in the UK, has announced.


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