On March 30, Intel and Intergraph Corporation announced a settlement agreement that resolves all of the remaining issues in a patent infringement case and provides certain rights for Intel customers. Under the agreement, Intel will pay \$225 million to Intergraph. Intel recorded a \$162-million charge to first quarter cost of sales, which reduced earnings per share by approximately 1.7 cents. The remaining \$63 million represents the value of intellectual property assets, which will be amortized over approximately five years.
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