Tessera Completes Acquisition of Dblur Assets

* Reuters is not responsible for the content in this press release.

Wed May 27, 2009 7:00am EDT

SAN JOSE, Calif.--(Business Wire)--
Tessera Technologies, Inc. (Nasdaq:TSRA) today announced that it has completed
its acquisition of certain assets of Dblur Technolgies Ltd., an Israel-based
developer of software lens technology for cell phone cameras and other imaging
applications. Tessera announced it had signed the acquisition agreement on April
30, 2009. 

Under the terms of the agreement, Tessera acquired certain of Dblur's assets
including intellectual property and specified customer agreements. In addition,
Tessera hired certain former Dblur employees. 

About Tessera

Tessera Technologies develops and delivers technologies for wireless, consumer
and computing products. The company`s packaging and interconnect solutions
enable smaller, higher-functionality electronic devices. Tessera`s imaging and
optics solutions provide low-cost, high-quality camera functionality in
electronic products and include image sensor packaging, wafer-level optics and
image enhancement intellectual property. The company also offers customized
micro-optic lenses, from diffractive and refractive optical elements to
integrated micro-optical subassemblies. Tessera licenses its technologies, as
well as delivers products based on these technologies, to promote the
development of the supply chain infrastructure. The company is headquartered in
San Jose, California. For information call 1.408.321.6000 or go to
www.tessera.com. 

Safe Harbor Statement

This press release contains forward-looking statements, which are made pursuant
to the safe harbor provisions of the Private Securities Litigation Reform Act of
1995. Forward-looking statements involve risks and uncertainties that could
cause actual results to differ significantly from those projected, particularly
with respect to the timing and completion of the Dblur asset acquisition, the
hiring of any Dblur employees, and the development of solutions for the imaging
and optics industry. Material factors that may cause results to differ from the
statements made include delays, setbacks or losses relating to our intellectual
property or intellectual property litigations, or any invalidation or limitation
of our key patents; fluctuations in our operating results due to the timing of
new license agreements and royalties, or due to legal costs; changes in patent
laws, regulation or enforcement, or other factors that might affect our ability
to protect our intellectual property; the risk of a decline in demand for
semiconductor products; failure by the industry to adopt our technologies;
competing technologies; the future expiration of our patents; the future
expiration of our license agreements and the cessation of related royalty
income; the failure or refusal of licensees to pay royalties; failure to achieve
the growth prospects and synergies expected from acquisition transactions; and
delays and challenges associated with integrating acquired companies with our
existing businesses. You are cautioned not to place undue reliance on the
forward-looking statements, which speak only as of the date of this release.
Tessera's filings with the Securities and Exchange Commission, including its
Annual Report on Form 10-K for the year ended December 31, 2008, include more
information about factors that could affect the company's financial results. 

Tessera and the Tessera logo are trademarks or registered trademarks of Tessera,
Inc. or its affiliated companies in the United States and other countries. All
other company, brand and product names may be trademarks or registered
trademarks of their respective companies. 





Tessera
Judy Erkanat, +1-408-321-6751
jerkanat@tessera.com
or
LEWIS PR for Tessera
Catherine Koo / Nicole Wasowski, +1-415-992-4400
Tessera@lewispr.com



Copyright Business Wire 2009

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