STMicroelectronics and Tessera Settle Pending Litigation

SAN JOSE, Calif. & GENEVA — (BUSINESS WIRE) — September 3, 2014 — STMicroelectronics NV (NYSE: STM) and Tessera Technologies, Inc. (NASDAQ: TSRA) announced today that they reached a settlement of all outstanding claims and litigation between them.

STMicroelectronics, Inc., STMicroelectronics N.V., and Tessera, Inc. agreed to dismiss all claims and counterclaims pending in the United States District Court for the Northern District of California with prejudice. The terms and conditions of the agreement between the companies are confidential.

About Tessera

Tessera Technologies, Inc. and its subsidiaries generate revenue from licensing to manufacturers and other implementers that use the Company's technology in areas such as mobile computing and communications, memory and data storage, and 3-D Integrated Circuit technologies. For more information call 1.408.321.6000 or visit www.tessera.com.

About STMicroelectronics

ST is a global leader in the semiconductor market serving customers across the spectrum of sense and power and automotive products and embedded processing solutions. From energy management and savings to trust and data security, from healthcare and wellness to smart consumer devices, in the home, car and office, at work and at play, ST is found everywhere microelectronics make a positive and innovative contribution to people's life. By getting more from technology to get more from life, ST stands for life augmented. In 2013, the Company’s net revenues were $8.08 billion. Further information on ST can be found at www.st.com.

TSRA-L



Contact:

Tessera Technologies, Inc.
Robert Andersen, 408-321-6779
Executive Vice President and Chief Financial Officer
or
The Piacente Group | Investor Relations
Don Markley, 212-481-2050
Glenn Garmont, 212-481-2050
Investor Relations
Email Contact
or
INVESTOR RELATIONS:
STMicroelectronics
Tait Sorensen, +1 602 485 2064
Group VP, Investor Relations
Email Contact
or
MEDIA RELATIONS:
STMicroelectronics
Nelly Dimey, + 33 1 58 07 77 85
Director, Corporate Media and Public Relations
Email Contact




Review Article Be the first to review this article
Rand3D

SolidCAM: SolidCAM Dec 2017 Campaign Save 28 percent

Featured Video
MCAD Corporate Newsletter
rss feed
Jobs
Mechanical Design Engineer 3 for KLA-Tencor at Milpitas, CA
Sr Mechanical Design Engineer for Medtronic at mounds view, MN
Geospatial Analyst - Senior for BAE Systems Intelligence & Security at Springfield, VA
Geospatial Systems Administrator for BAE Systems Intelligence & Security at arnold, MO
Senior Mechanical Engineer for BAE Systems Intelligence & Security at Arlington, VA
Urban Designer - Urban Design/Planning for SERA Architects, Inc at Portland, OR
Upcoming Events
ESPRIT World 2018 at Indianapolis Marriott Downtown 350 West Maryland Street Indianapolis IN - Jun 11 - 15, 2018
HxGN LIVE 2018 at The Venetian Las Vegas NV - Jun 12 - 15, 2018
IMTS2018 International Manufacturing Tech Show at McCormick Place Chicago IL - Sep 10 - 15, 2018
Kenesto: 30 day trial



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise