Tessera, hynix in Eight-Year Patent Licensing Agreements

Tessera Technologies (NASDAQ: TSRA)
announced today that its Tessera, Inc. and Invensas Corporation
subsidiaries each entered into new eight-year patent license agreements
with SK hynix Inc.

“We are delighted that these new and broader agreements build on our
long-standing and positive relationship with SK hynix, which has become
the first DRAM manufacturer to reach agreements that give it access to
both our Tessera, Inc. and our Invensas Corporation patent portfolios,”
said Robert A. Young, chief executive officer and president, Tessera
Technologies, Inc. “Multi-year agreements like these benefit our
customers with secure pricing and provide us with running royalties that
fund new innovations.”

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