Tessera, Motorola Settle Semiconductor Patent Fight

Law360, New York (June 2, 2009, 12:00 AM EDT) -- In the wake of a decision in Tessera Technologies Inc.'s favor last month by the U.S. International Trade Commission, Motorola Inc. has signed a licensing deal with Tessera that puts to rest all outstanding litigation between the two technology companies.

Under the worldwide licensing agreement, Motorola will pay Tessera royalties on shipments into the U.S. of certain electronic products including cell phones, set-top boxes and radio equipment that incorporate semiconductor chips that use Tessera's technology.

Tessera's president and CEO, Henry R. Nothhaft, called the settlement a...
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