Omnivision Agrees to License Ziptronix Technology

BusinessWire: Tessera subsidiary Ziptronix reached an agreement with OmniVision that provides OmniVision with a license under Ziptronix’s patents. In addition, the outstanding litigation among Ziptronix, OmniVision, and TSMC has been dismissed.

“We are pleased to have this matter resolved and to reach a license agreement with OmniVision, one of the leading image sensor suppliers in the world,” said Craig Mitchell, president of Invensas Corporation, a Tessera subsidiary. “The growing demand for enhanced imaging solutions for automotive, consumer, and mobile electronic devices continues to be a key driver for the adoption and proliferation of our ZiBond and DBI technologies.”