Question-and-Answer Session
Operator
Thank you, Ms. Cotter. (Operator Instructions) Our first question comes from Uche Orji from UBS. Your line is open. Pardon me Mr. Uche, your line is open.
Uche Orji - UBS
Can you hear me?
Dirk Meyer
Yes. Hi Uche.
Uche Orji - UBS
Yes. Well let me start by saying congratulations, it is been a long time since anyone has said that to you. This is good set of numbers. Let me just start by asking about this license agreements. What does it cover? What is the term? What is the tenure of the agreement just for us to get a proper handle what it means? Also, if you can explain how that reconciles with the agreements you also have with IBM, is this helping you to offset that. So, anymore light you can shed around this would be helpful. That is my first question.
Bob Rivet
Sure. This is Bob. Thanks for the question and thanks for the compliment. Yes this technology revenue is actually associated with the sale last quarter of our 200 millimeter tools in addition to selling the tools we actually sold some process technology to the same vendor. So, it is a unique one-off event or it will be a little bit of dribbling of more in the future but the bulk of it was recorded in the current quarter. So, it is not associated with the IBM and also to the IBM Technology payment.
Dirk Meyer
Yes. It further relates to a technology node that we had developed before we entered into the licensing or into the process technology relationship with IBM.
Uche Orji - UBS
Okay, that is helpful. Let me ask another question on graphics. Fantastic performance there but the question here is what is your sense of how much share gain you had this quarter, and what is the outlook for graphics given that in a tough macro environment, it looks like the tax rate seems to go down. So, looking forward, what is your sense as to how this business will perform going forward and how sustainable do you think all of the elements of share gain that you have had will be?
Similarly, if you can extend that to the rest of your processor business the guidance for Q4 is for flat. How do you reconcile that with what is normal seasonality within the current macro, so first on graphics and also the processor side?
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