Tessera Extends Motorola Pact
San Jose, Calif.-based Tessera Technologies Inc., a developer of technologies for wireless, consumer and computing products, has announced that Motorola Inc. of Schaumburg, Ill., has extended its option agreement with Tessera. The contract enables Motorola to enter into a prenegotiated license deal with Tessera and to settle all outstanding litigation between the companies. Motorola extended the option until 14 calendar days after the final determination in Tessera’s ongoing US International Trade Commission (ITC) investigation (Wireless ITC action). Other terms of the agreements, including option and license fees, and license royalties, are confidential. Motorola is one of the respondents in the Wireless ITC action; the ITC is scheduled to issue a determination by May 20.