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Interim CEO and executive chairman of Tessera Richard S Hill stated: "We are gratified that Starboard has finally admitted in today's letter that Unwired Planet (UPIP), whose board is led by Starboard nominee Peter Feld, is a direct competitor of Tessera's.
Tessera, the Tessera logo, DOC, the DOC logo, the mems|cam logo, Invensas, and the Invensas logo are trademarks or registered trademarks of affiliated companies of Tessera Technologies, Inc.
Tessera and the Tessera logo are trademarks or registered trademarks of Tessera, Inc.
Forward-looking statements involve risks and uncertainties that could cause actual results to differ significantly from those projected, particularly with respect to the resignation of Bruce McWilliams from Tessera's board of directors and to any future relationship between Tessera and McWilliams.
Forward-looking statements involve risks and uncertainties that could cause actual results to differ significantly from those projected, particularly with respect to the occurrence of the Tessera Technology Symposia and the content of the demos, exhibits and workshops during the symposia, as well as the participation of Qtech, Samsung LSI, Fuji Camera Research Institute and Tessera's management in the symposia.
Tessera recorded an initial fee from AzureWave under this license agreement in the fourth quarter of 2009.
Tessera will receive three separate payments, the first of which will occur in the first quarter of 2010 with the remainder in the second half of 2010.
Last year, an arbitration panel required Amkor to pay Tessera more than $60 million based on Amkor's prior breaches of its license.