1、?Dear Stockholders,This is my fi rst letter to you as Tesseras President and CEO and there is a lot of exciting news to share.2008 was another year of solid growth for the company.Total revenue was$248.3 million and royalties and license fees were$220.3 million,up 27 percent and 37 percent,respectiv
2、ely,compared to 2007.We spent$61.6 million dollars in 2008 in R&D,fi led for 175 patents,and ended the year with more than 1,500 patents and patent applications,worldwide.We have already added to our application list in 2009.Innovation is not only one of our greatest resources,it is also one of Amer
3、icas greatest renewable resources.We are a nation of inventors,and one key motivator behind Americas innovation“engine”is a strong patent system.Our technology patent portfolio covers a broad range of what we believe are world-class innovations,from chip scale and multi chip packaging through imagin
4、g and optics to thermal management.New Business Segments:Micro-Electronics and Imaging&Optics In early 2009,we aligned our segment reporting to better represent our ongoing activities and products and to provide more transparency for our investors.Our two business segments are Micro-Electronics and
5、Imaging&Optics.Micro-Electronics covers semiconductor packaging,interconnect,components and materials.Its solutions focus on system-level electronic product miniaturization besides chip scale packaging technology.Micro-Electronics includes our?PILR advanced interconnect platform,which is designed to
6、 overcome current interconnect technology limitations such as pitch,profi le,performance,reliability and test capacity.We are also dedicating resources in Micro-Electronics to new developments in thermal management,including electro hydrodynamic(EHD)cooling.In addition,we continue to examine ways,vi