Tessera Technologies Inc was founded and incorporated in the state of Delaware in 1990. The Company along with its subsidiaries, licenses its technologies and intellectual property to customers for use in areas such as mobile computing and communications, memory and data storage, and 3-D Integrated Circuit ("3D-IC") technologies, among others. Its technologies include semiconductor packaging and interconnect solutions, including xFD, BVA, ZiBond, and DBI, and products and solutions for mobile and computational imaging, including FaceTools, FacePower, FotoSavvy, DigitalAperture, IrisCam, LifeFocus, face beautification, red-eye removal, High Dynamic Range, autofocus, panorama, and image stabilization intellectual property. The Company operates its business in one operating segment, focused on the monetization of intellectual property, both internally developed and acquired, through royalties, licenses and other means. Its technologies have been licensed to more than 100 companies. These customers include Intel Corporation, LG Electronics, Micron Technology, Inc., Samsung Electronics Co. Ltd, Shenzhen O-Film Tech Co., LTD, SK hynix Inc. and Sony Corporation, among others. It competes with internal design groups at semiconductor manufacturers, assemblers, and electronic component and system manufacturers, who create packaging solutions. It is subject to a variety of local, state and federal regulations relating to the storage, discharge, handling, emission, generation, manufacture and disposal of toxic or other hazardous substances.
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