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May 21, 2009

Chipper

Overturning an administrative law judge's mistake, the ITC found Tessera patents infringed by six rivals: ATI Technologies, Freescale Semiconductor, Motorola, Qualcomm and Spansion (STMicroelectronics NV). Tessera prompted the action in 2007. The ITC issued a limited exclusion order, prohibiting the importation of semiconductor chips that infringe several Tessera patents, and further issued cease-and-desist orders to Motorola, Qualcomm, Freescale and Spansion. Motorola mused that it may exercise an option agreement with Tessera to take a patent license. Tessera shares soared 17.7% as punters exercised a little irrational exuberance.

Posted by Patent Hawk at May 21, 2009 7:04 PM | Patents In Business