PTI to pay Tessera US$196 million in patent lawsuit settlement

Packaging and testing firm Powertech Technology (PTI) has issued a company filing with the Taiwan Stock Exchange (TSE) disclosing it has settled a patent infringement dispute with Tessera. PTI will pay Tessera a total of US$196 million based on the settlement.

from DIGITIMES: IT news from Asia http://ift.tt/1hBLE05

via Yuichun