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Share Name | Share Symbol | Market | Type |
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Xperi Inc | NASDAQ:XPER | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 14.14 | 14.36 | 14.90 | 0 | 01:00:00 |
Ziptronix Litigation with OmniVision and TSMC Resolved
Tessera Holding Corporation (NASDAQ:TSRA) (the “Company” or “Tessera”) today announced that its subsidiary Ziptronix, Inc. (“Ziptronix”) reached an agreement with OmniVision Technologies, Inc. (“OmniVision”) that provides OmniVision with a license under Ziptronix’s patents. In addition, the outstanding litigation among Ziptronix, OmniVision, Taiwan Semiconductor Manufacturing Co., Ltd., and TSMC North America Corporation has been dismissed.
“We are pleased to have this matter resolved and to reach a license agreement with OmniVision, one of the leading image sensor suppliers in the world,” said Craig Mitchell, president of Invensas Corporation, a Tessera subsidiary. “The growing demand for enhanced imaging solutions for automotive, consumer, and mobile electronic devices continues to be a key driver for the adoption and proliferation of our ZiBond and DBI technologies.”
For more information on ZiBond® and Direct Bond Interconnect (DBI®) technologies, and other advanced semiconductor packaging solutions from Invensas, please visit www.invensas.com.
About Tessera Holding Corporation
Tessera Holding Corporation is the parent company of DTS, FotoNation, Invensas and Tessera. We are one of the world’s leading product and technology licensing companies. Our technologies and intellectual property are deployed in areas such as premium audio, computational imaging, computer vision, mobile computing and communications, memory, data storage, 3D semiconductor interconnect and packaging. We invent smart sight and sound technologies that enhance and help to transform the human connected experience. For more information, call +1 408-321-6000 or visit www.tesseraholdingcorporation.com.
Tessera, Invensas, and their respective logos, are trademarks or registered trademarks of affiliated companies of Tessera Holding Corporation in the United States and other countries. All other company, brand and product names may be trademarks or registered trademarks of their respective companies.
TSRA-I
View source version on businesswire.com: http://www.businesswire.com/news/home/20170221005202/en/
PR Agency Contact:Zeno GroupDan Sorensen, +1 650-801-0944dan.sorensen@zenogroup.comorInvestor Contact:Tessera Holding CorporationGeri Weinfeld, +1 818-436-1231IR@tessera.com
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