Tessera Secures $196M Settlement from Powertech Technology

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February 2014

Irell & Manella client Tessera Inc. secured a victory this week, when Powertech Technology Inc. agreed to pay $196 million to settle its pending litigation with Tessera in the U.S. District Court for the Northern District of California. Led by partner Ben Hattenbach, the team also included Ellisen Turner, Joseph Lipner and Ian Washburn.

For additional details, click here for Tessera's press release. The settlement was reported in media outlets, including The Recorder and Law360 (subscription required).