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Its digitaloptics business focuses on products and capabilities that facilitate expanded functionality in increasingly smaller devices.
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The IP segment generates revenue from patented technologies through license agreements with semiconductor companies and outsourced semiconductor assembly and test companies.
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Tessera Technologies is a holding company with operating subsidiaries in two segments, intellectual property and digitaloptics. Tesserae Technologies are technology and tile industry veterans who have partnered with Nextworld, the only company to offer a full suite of enterprise applications built from the ground up on a no-code platform. The second arbitration began that same year, and contained factual and legal conclusions on which the tribunal will base one or more final awards specifying the amount of damages owed by Amkor.īoth parties have a limited time to make public disclosures about the arbitration, according to the rules of the case. The first arbitration spanned three years, and resulted in an award to Tessera of $64 million from Amkor in 2009.
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This arbitration marks the second time Tessera and Amkor have gone to the ICC to resolve the amount of royalties owed under the now-terminated patent license agreement. The current arbitration will bring clarity to the amounts that should have been paid by Amkor under the license." "We use litigation in those instances where we are unable to achieve reasonable agreements or where others breach their agreements with us. patent portfolio, which has delivered over $1 billion in revenue during the past decade," said the president of Tessera Intellectual Property Corp., Richard Chernicoff. "We continue to seek royalties for use of the Tessera, Inc. The ruling of the international arbitration court was in Tessera's favour, saying that its license agreement with Amkor was indeed properly terminated in February 2011. The company said it expects to receive at least $125 million from Amkor to resolve the amount of royalties owed under the now-terminated patent license agreement between the two parties.