[November 24, 2008] Tessera and Motorola Sign License Option Deal Tweet (Wireless News Via Acquire Media NewsEdge) Tessera Technologies announced that Motorola has signed an agreement with Tessera for an option to license Tessera's chip scale packaging (CSP) technology. The option enables Motorola, within a specified time period, to enter into a pre-negotiated license agreement with Tessera and settle all outstanding litigation between the companies. If Motorola exercises the option and takes the license, it will pay royalties on all its products that include chips that use Tessera's technology and are sourced from companies who are not Tessera licensees. Detailed terms of the agreements including the time period, option fees, license fees and license royalties are confidential. Motorola is named in Tessera's ongoing U.S. International Trade Commission (ITC) Investigation 337-TA-605 (Wireless ITC action) and in a related suit in the Federal District Court in the Eastern District of Texas. Tessera is a provider of miniaturization technologies for the electronics industry. ((Comments on this story may be sent to [email protected])) ((Distributed on behalf of 10Meters via M2 Communications Ltd - http://www.m2.com)) ((10Meters - http://www.10meters.com)) Copyright ? 2008 Wireless News [ Back To TMCnet.com's Homepage ]