Tessera Technologies Inc. (San Jose, CA), a developer of semiconductor packaging technology for miniaturization of electronic products, announced that has priced its follow-on offering of 4.1 million secondary shares at $18.43 per share.
The company reported that all of the shares were offered by selling stockholders and the company will not receive any proceeds from the sale. The selling stockholders also have granted the underwriters an option to purchase an additional 615,000 shares to cover over-allotments, if any.
