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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

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FORM 8-K
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CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of re port (Date of e arlie st e ve n t re porte d): Fe bru ary 19, 2009

__________________

Tessera Technologies, Inc.


(Exact n am e of Re gistran t as S pe cifie d in its C h arte r)

__________________

De laware 000-50460 16-1620029

(State or oth e r jurisdiction (C om m ission File Nu m be r) (I.R.S . Em ploye r


of in corporation ) Ide n tification No.)

3025 O rchard Park way

S an Jose , C aliforn ia 95134

(Addre ss of Principal Exe cu tive O ffice s)

(408) 321-6000

(Re gistran t's te le ph on e n u m be r, inclu ding are a code )

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o P re-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o P re-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 2.02. Results of Operations and Financial Condition.

On February 19, 2009, Tessera Technologies, Inc. raised its first quarter 2009 total revenue guidance to range between $114.6 million and $118.6
million. The guidance reflects payments made by Amkor Technologies to Tessera in February as per the terms of the International Chamber of
Commerce's International Court of Arbitration one-time award to Tessera for Amkor's material breach of its license agreement.

A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K and is incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exh ibit No. De scription

99.1 Press Release dated February 19, 2009

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.

Date: February 19, 2009

TESSERA TECHNOLOGIES, INC.

By: /s/ Michael Anthofer

Name: Michael Anthofer

Title: Executive Vice President and


Chief Financial Officer

EXHIBIT INDEX

Exh ibit No. De scription

99.1 Press Release dated February 19, 2009


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EXHIBIT 99.1

Company Contact:

Michael Anthofer

EVP and CFO

408-321-6711

Moriah Shilton

Investor Relations

408-321-6713

TESSERA UPDATES FIRST QUARTER 2009 GUIDANCE

- Guidance Includes Amkor Payments of $64.1 Million -

SAN JOSE, Calif. - Feb. 19, 2009 - Tessera Technologies, Inc. (NASDAQ: TSRA) today raised its first quarter 2009 total
revenue guidance to range between $114.6 million and $118.6 million. The guidance reflects payments made by Amkor
Technologies to Tessera in February as per the terms of the International Chamber of Commerce's International Court of
Arbitration one-time award to Tessera for Amkor's material breach of its license agreement.

The $64.1 million will be reflected in two income statement categories. First, $60.6 million for royalties owed for the time
period March 2, 2002 through December 1, 2008, will be recognized as Micro-Electronics Royalty and License Fees.
Second, the remaining $3.5 million for interest owed will be recorded as Other Income.

Tessera, therefore, is raising its first quarter 2009 Micro-electronics Royalty and License Fees, which are now expected to
range between $106.6 million and $108.6 million. As previously stated, the Royalty and License Fees guidance includes fees
received from Motorola to extend its option agreement with Tessera that enables Motorola to enter into a pre-negotiated
license agreement with Tessera and settle all outstanding litigation between the companies. The option runs through mid-April
2009.

As a result of the recently granted stay in Tessera's U.S. International Trade Commission Investigation No. 337-TA-649
(Subcon ITC action), the company now expects its first quarter 2009 litigation expenses to be moderately less than the fourth
quarter of 2008.

The company reiterated its guidance on its other first quarter 2009 items, which remain unchanged:

Imaging & Optics Revenue, in total, is expected to range between $8.0 million and $10.0 million.
Imaging & Optics Royalty and License Revenue will range between $5.0 million and $6.0 million.
Imaging & Optics Products and Services Revenue will range between $3.0 million and $4.0 million.
Non-GAAP operating expenses are projected to range between $32.0 million and $33.0 million, excluding litigation
expenses.
Stock-based compensation is projected to be approximately $6.7 million
Amortization charges are expected to be approximately $2.9 million.
First quarter cash taxes are expected to be approximately $3.4 million. The receipt of the Amkor payments will impact
the company's cash taxes beginning in the second quarter 2009.

About Tessera
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Tessera Technologies develops and delivers technologies for wireless, consumer and computing products. The company's
packaging and interconnect solutions enable smaller, higher-functionality electronic devices. Tessera's imaging and optics
solutions provide low-cost, high-quality camera functionality in electronic products and include image sensor packaging,
wafer-level optics and image enhancement intellectual property. The company also offers customized micro-optic lenses, from
diffractive and refractive optical elements to integrated micro-optical subassemblies. Tessera licenses its technologies, as well
as delivers products based on these technologies, to promote the development of the supply chain infrastructure. The
company is headquartered in San Jose, California. For information call 1.408.321.6000 or go to www.tessera.com.

Safe Harbor Statement

This press release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties that could cause actual
results to differ significantly from those projected, particularly with respect to the company's projected financial results for the
first quarter of 2009. Material factors that may cause results to differ from the statements made include delays, setbacks or
losses relating to our intellectual property or intellectual property litigations, or any invalidation or limitation of our key patents;
fluctuations in our operating results due to the timing of new license agreements and royalties, or due to legal costs; changes in
patent laws, regulation or enforcement, or other factors that might affect our ability to protect our intellectual property; the risk
of a decline in demand for semiconductor products; failure by the industry to adopt our technologies; com peting technologies;
the future expiration of our patents; the future expiration of our license agreements and the cessation of related royalty income;
the failure or refusal of licensees to pay royalties; failure to achieve the growth prospects and synergies expected from
acquisition transactions; and delays and challenges associated with integrating acquired companies with our existing businesses.
You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this
release. Tessera's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year
ended December 31, 2007 and its Quarterly Report on Form 10-Q for the quarter ended Sept. 30, 2008, include more
information about factors that could affect the company's financial results.

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Tessera and the Tessera logo are trademarks or registered trademarks of Tessera Inc. or its affiliated companies in the United
States and other countries. All other company, brand and product names may be trademarks or registered trademarks of their
respective companies.

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