SAN JOSE, CA – Tessera Technologies Inc. and Motorola Inc. have entered into a pre-negotiated license agreement.
 
Motorola will pay royalties on shipments of certain electronics products that incorporate unlicensed chips using Tessera’s TCC patented technology.  

Introduced in the early 1990s, Tessera Complaint Chip (TCC) technology was the first mass produced chip-scale packaging solution. The technology deals with packaging and preventing damage to semiconductor chips inside wireless handsets. 
 
The license charges a volume-based fee for unlicensed chips, allowing Motorola to be compliant with recent ITC orders and to continue supplying its customers.
 
“In addition to an exercise fee payable under the pre-existing option agreement, the license agreement includes an initial license fee as well as volume-based, forward royalties that will be collected over the term of the license,” says Henry Nothhaft, president and CEO of Tessera.
 
Tessera also raised second-quarter microelectronics revenue guidance, based on the license agreement, to range between $53 million and $55 million. 

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