Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics Spectra BioPhotonics EuroPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook
More News

Tessera Technologies Settles Suit with ASE

Facebook Twitter LinkedIn Email Comments
Tessera Technologies has settled its suit against Advanced Semiconductor Engineering Inc. (ASE), and the pair has entered into a technical collaboration agreement.

The lawsuit, originally filed in 2006, named several companies including ASE, alleging “breach of contract and/or patent infringement” relating to the manufacture, use, sale and importation of packaged semiconductor components and assemblies.

Under terms of the settlement, ASE will pay Tessera a total of $30 million over the next several years. The two companies have now decided to collaborate on the development of technologies and products.

“With our companies’ mutual technology capabilities and innovations, there is much we can do together to produce value for the industry,” said Tom Lacey, CEO of Tessera.

ASE Chief Operating Officer Tien Wu, Ph.D., agreed, adding that “both ASE and Tessera share the view that technology engagement is in the best interests of our customers and shareholders.”

For more information, visit: www.ir.tessera.com

Photonics Spectra
May 2014
AmericasASEAsia-PacificBusinessCaliforniacollaborationCommunicationscomponentsdevelopmentindustriallawsuitlight speedopticspatent infringementsemiconductorTaiwanTessera TechnologiesAdvanced Semiconductor Engineeringbreach of contractTom LaceyTien Wulasers

Comments
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2019 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, info@photonics.com

Photonics Media, Laurin Publishing
x Subscribe to Photonics Spectra magazine - FREE!
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.