Tessera Technologies, Inc. today, May 23, 2011, provided a status update on certain ongoing legal actions and announced a new legal action by its wholly-owned subsidiary Invensas Corporation in a press release at Business Wire:
Today, the U.S. Court of Appeals for the Federal Circuit affirmed-in-part, and vacated-in-part, the ITC’s final determination in the action brought by Tessera, Inc. against certain DRAM manufacturers, Investigation No. 337-TA-630 (“DRAM ITC action”). The Court of Appeals affirmed that U.S. Patent No. 5,663,106 was valid, infringed as to the accused μBGA products, but not infringed as to the accused wBGA products. The Court also affirmed that Tessera, Inc.’s patent rights were exhausted as to certain accused products purchased from Tessera, Inc. licensees.
“Although we are somewhat disappointed in today’s decision by the U.S. Court of Appeals, we do not believe it will have a material impact on our business,” said Robert A. Young, president and chief executive officer, Tessera Technologies, Inc. “Under Tessera, Inc.’s historical Tessera Compliant Chip (TCC) program, licensed customers have access to a patent portfolio of approximately 250 patents, and a court’s decision on a single patent, one which it found valid, does not alter each licensee’s obligation to pay royalties. In addition, we have recently announced that our Invensas Corporation subsidiary’s patent portfolio of approximately 280 patents and patent applications is available for licensing, and we are in discussions with multiple DRAM companies with respect to that portfolio.
Read the full press release here.