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Date: 03-12-13

Seiko Epson licenses Tessera owned Invensas' patents

Tessera's subsidiary Invensas has licensed its patents to Seiko Epson Corporation.

"We are delighted that Epson has become Invensas Corporation's newest licensee, in addition to entering into an expanded relationship with Tessera, Inc.," said Jim MacDonald, executive vice president, intellectual property and business development, Tessera Intellectual Property Corp. "Epson's innovative track record make them a natural licensee for these semiconductor and semiconductor packaging licenses. Multi-year agreements like these validate the importance of our intellectual property portfolios."

The companies did not disclose the specific financial terms of the agreements.

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