Teutsch holds a doctorate in physical chemistry from the Fritz-Haber Institute in Berlin and has more than 12 years of experience in semiconductor technology. He was instrumental in stetting up and running the Pac Tech production facility in Germany, and has recently completed setting up and staffing the United States production facility.
(September 2, 2004) San Jose, Calif.—Tessera Technologies, Inc., recently announced that it will raise its financial guidance for the third quarter and full year 2004. The company has increased its projected third quarter 2004 total revenue by approximately $2 million, which will also be incremental to its projected full year total revenue. Tessera now expects third quarter 2004 total revenues in the range of $22.3 to $22.6 million.