SiliconBeat

Tessera Technologies, the chip-packaging company that has been on the losing end of multiple decisions by the U.S. Patent and Trade Office in its re-examination of patents Tessera has accused a number of chip makers of infringing before the International Trade Commission, said it reached a settlement with one of them.

Peripheral Devices & Product Systems, which operates under the trade name Patriot Memory, “has taken a license on behalf of itself and its affiliates” and “agreed to pay royalties on its past and future sales of products using Tessera technology covering a broad range of chip-scale and multi-chip packaging solutions,” according to a press release the company filed with the SEC Tuesday morning.

And how much will the new business bring in? Tessera wouldn’t say. Nor does it have to. In fact, it didn’t even need to tell the world about its victory because “the amounts to be paid by Patriot Memory under its license are not expected to materially affect Tessera’s revenues. Further details of the settlement are confidential.”

Will the new revenue at least cover the cost of distributing this news on Business Wire?

Nevertheless, Tessera shares gained 53 cents, or 2.4 percent Tuesday, to close at $22.80 on a down day in the markets.