News Article
Tessera and Micron enter into technology License agreement
Tessera Technologies, Inc. announced a definitive agreement with Micron Technology, Inc. entering into a technology license agreement.
Under the terms of the agreement, Micron will pay Tessera $30 million in cash for a royalty-bearing license to Tessera's Compliant Chip (TCC) technology. The agreement provides Micron access to Tessera patented semiconductor packaging technology. Tessera will receive the payment in the third quarter of 2006. The agreement also settles all outstanding litigation between the companies.
