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Powertech To Pay $196M To End Tessera Chip Licensing Suits

By Michael Lipkin ( February 27, 2014, 10:31 PM EST) -- Powertech Technology Inc. has agreed to settle its breach of contract and semiconductor chip patent infringement suits against Tessera Inc. for $196 million, the companies announced Thursday, a month after a California federal judge ruled Powertech improperly terminated its licensing agreement with Tessera....

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