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Monday, Oct 28
Tessera settles with Sony over breach of contract claim
- Tessera Technologies (TSRA +0.8%) settles with Sony in its breach of contract claim against the Japanese giant.
- Terms were confidential. Tessera intends to provide further detail once a definitive settlement agreement is reached.
- In the suit, separate from a patent infringement lawsuit Tessera also brought against Sony, the company alleged that Sony had failed to pay it licensing royalties.