High-Tech Growth Prompts UPS Expansion

UPS® (NYSE:UPS) today announced three international facility expansions driven by growing demand from retail and high-tech customers. The moves add nearly 220,000 sq. ft. (about 20,000 sqm) to UPS’s global supply chain network. The newly expanded facilities are located in Krefeld, Germany; Butzbach (near Frankfurt am Main), Germany; and Venlo, Netherlands. UPS, which recently announced…

Tessera and Amkor Settle Dispute

Tessera Technologies, Inc. (NASDAQ:TSRA) (“Tessera” or the “Company”) today announced that its subsidiary, Tessera, Inc., has entered into an agreement with Amkor Technology, Inc. (“Amkor”) to settle all pending litigation between Amkor and Tessera, Inc. Under the terms of the agreement, Amkor will pay Tessera a total of $155 million, comprised of sixteen equal quarterly…