(RTTNews) - Tessera Technologies Inc.
(TSRA), a provider of miniaturization technologies, announced on Friday the election of new members to the board of directors.
The shareholders of the company approved the elections of Robert J. Boehlke, Nicholas E. Brathwaite, John B. Goodrich, Al S. Joseph, Bruce M. McWilliams, David C. Nagel, Henry R. Nothhaft and Robert A. Young to the Board of Directors for terms ending upon the 2009 annual stockholders meeting.
The appointment of Pricewaterhouse Coopers LLP as independent auditors of the company for the fiscal year ending December 31, 2008 was also approved.
Additionally, the stockholders approved the company's fourth amended and restated 2003 Equity Incentive Plan.
The San Jose, California-based Tessera provides a broad range of advanced packaging, interconnect, and consumer optics solutions which are widely adopted in high-growth markets including consumer, computing, communications, medical and defense electronics. Tessera's customers include companies such as Intel, Samsung, Texas Instruments, Toshiba, Micron and Infineon.
TSRA is trading down $0.58 or 2.94% at $19.17 on a volume of 281 thousand shares.
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