Chip IP firm Tessera (TSRA +1.7%) edges higher after an ICC arbitration court issues an interim...

|About: Tessera Technologies, Inc. (TSRA)|By:, SA News Editor

Chip IP firm Tessera (TSRA +1.7%) edges higher after an ICC arbitration court issues an interim award related to the company's patent infringement suit against chip packaging firm Amkor (AMKR -2%), and states Tessera had properly terminated a licensing agreement with Amkor in Feb. 2011. Tessera, which was awarded $64M by the ICC in a prior ruling against Amkor, says it will seek $125M+ in additional damages.