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Tessera Technologies, Inc.
TSRA (the “Company” or “we”)
announced today that its Tessera, Inc. subsidiary has reached a
settlement with Siliconware Precision Industries
SPIL. and
Siliconware USA, Inc. (together, “Siliconware”). In exchange for being
released from the litigation, Siliconware will pay Tessera, Inc. a
partial upfront fee and smaller quarterly payments over the next five
years.
“We are pleased to have settled this matter with Siliconware,” said
Bernard “Barney” Cassidy, president, Tessera Intellectual Property Corp.
“We believe this settlement further validates the strength of our
intellectual property and our overall strategy of pursuing meritorious
litigation when appropriate.”
The companies
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