Wednesday, March 24, 2010

Tessera Licenses FotoNation FaceTracker Solution to Samsung

Business Wire: Tessera announced that Samsung Electronics has licensed Tessera’s FotoNation FaceTracker, which provides face detection and tracking capabilities. Samsung Electronics also licensed Tessera’s FotoNation SmileCheck and BlinkCheck extension modules, which indicate when faces are smiling or blinking.

Tessera recorded an initial fee from Samsung under this license agreement in the fourth quarter of 2009. Tessera’s expects receiving initial royalty payments under the agreement is approximately 12-15 months.


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