February 27, 2014
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.
January 15, 2014
A California federal judge granted Tessera Inc. a partial victory Wednesday in a breach of contract suit over semiconductor chip patents, ruling that Powertech Technology Inc. was barred from ending the companies' licensing agreement because it withheld millions of dollars in royalty payments.