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August 13, 2013
20:01 EDTTSRATessera unit, Lite-On Technology sign production agreement
DigitalOptics, a wholly owned subsidiary of Tessera Technologies, and Lite-On Technology announced that they have signed an agreement to produce DOCís mems cam modules. Lite-On and DOC are working to ramp initial production in Q4, and add high volume capacity in 2014.
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October 5, 2015
09:30 EDTTSRATessera should be bought on any Barron's weakness, says Barrington
Barrington analyst Ted Moreau recommends buying shares of Tessera Technologies on any near-term weakness following Barron's cautious article on the company. The article indicates that most of Tessera's revenue growth over the past few years has come from settling patent disputes instead of licensing customers, Moreau tells investors in a research note. However, Moreau says his understanding is that settlements have resulted in less than half of the company's revenue growth. Further, new management has done an "excellent job" of steering the company away from being a patent troll, the analyst argues. He reiterates an Outperform rating on Tessera with a $47 price target.
October 4, 2015
13:00 EDTTSRATessera revenue model looks questionable, Barron's says
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September 29, 2015
10:58 EDTTSRATessera management to meet with Sidoti
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