Friday, December 02, 2011 7:08:37 PM
Date : 11/28/2011 @ 10:38AM
Source : Dow Jones News
Stock : Tessera Technologies Inc. (TSRA)
Quote : 16.91 -0.15 (-0.88%) @ 6:01PM
Supreme Court Rejects Challenge To Tessera Win In ITC Case
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Tessera Technologies, Inc. (MM) (NASDAQ:TSRA)
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The U.S. Supreme Court on Monday refused to disturb a patent-infringement victory for Tessera Technologies Inc. (TSRA), which had sued several tech companies at the U.S. International Trade Commission.
The closely watched case centered on two Tessera patents associated with packaging computer chips.
The ITC held in 2009 that the Tessera patents were valid, and it ruled that Qualcomm Inc. (QCOM), Spansion Inc. (CODE), STMicroelectronics NV (STM, STM.MI), Freescale Semiconductor Inc. and ATI Technologies, now owned by Advanced Micro Devices Inc. (AMD), infringed them. The ITC decision excluded infringing products from being imported into the U.S.
The U.S. Court of Appeals for the Federal Circuit affirmed the ITC decision last December. The defendant companies asked the Supreme Court to review the case but the court on Monday rejected their appeals without comment.
The two patents at issue in the case have since expired. Related proceedings in the federal courts, where Tessera is seeking financial damages, had been postponed while the ITC case proceeded.
Tessera originally filed the complaint in April 2007. Motorola Inc. also was included in the original suit, but the handset maker signed a licensing agreement in 2009 to settle the litigation.
-By Brent Kendall, Dow Jones Newswires; 202-862-9222; brent.kendall@dowjones.com
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