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Intellectual Property

Mar. 4, 2014

Tessera to get $196 million in patent litigation settlement

Tessera Technologies Inc. will receive $196 million as part of a comprehensive patent litigation settlement with Powertech Technology Inc., the companies have announced.


By Kevin Lee


Daily Journal Staff Writer


Tessera Technologies Inc. will receive $196 million as part of a comprehensive patent litigation settlement with Powertech Technology Inc., the companies have announced.


Tessera, a San Jose-based patent holding company, indicated in its statement that the litigants will seek to stay two lawsuits filed in Northern California and dismiss the lawsuits once Powertech pays off the majority of the settlement i...

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