DOC to Cease Manufacturing
SAN JOSE, Calif., Jan. 17, 2014 — DigitalOptics (DOC) will cease its remaining mems|cam manufacturing operations as it restructures, cutting hundreds of jobs, parent company Tessera Technologies Inc. said Thursday. The company, with operating subsidiaries in Intellectual Property and DigitalOptics, said it will refocus efforts on monetizing its intellectual property portfolio and technology, including solutions for imaging and MEMS, through a sale, licensing or other means. DOC will return to its core IP and image