May 19, 2020

Tessera Technologies is set to become a competitor in communication

Tessera Technologies
Catherine Rowell
2 min
Tessera Technologies is set to become a competitor in communication

Founded in 1990, Tessera Technologies has gone from strength to strength, providing innovative technologies for a range of companies, such as Samsung Electronics Corporation and Micron Technology Inc.

Based in San Jose California, the company builds and creates effective licensing technologies within semiconductor and imaging, aimed at the communications industry, earning over $270 million in 2015 alone.

The company has risen from its humble beginnings to become a key technological innovator. The recent purchase of audio company DTS Inc. in an $850 million deal, alongside the acquirement of facial technology FotoNation has only strengthened the business further.

Tom Lacey, Tessera’s CEO said: “Our acquisition of DTS's talented team and industry-leading products will represent a transformational step in the execution of Tessera's strategic vision, with exciting new product development and marketing opportunities.

"We expect this acquisition to be immediately accretive to Tessera's earnings and accelerate growth. Our complementary technology portfolios are ideally suited to deliver the next generation of audio and imaging solutions to mobile, consumer electronics, and automotive markets while expanding our ability to address incredible new opportunities in IoT and AR/VR.”

Since the company’s launch in 1990, Tessera’s aim to develop and build on knowledge within the semiconductor industry has gone through a series of significant changes, in turn strengthening their workforce beside an increased desire to succeed.

It wasn’t long before multinational companies, such as Hitachi, began to utilise Tessera Technologies within their products, of which Samsung ultimately followed suit, highlighting the company's significance within the communications industry.

Tessera's success has seen the development of Invensas Corporation, a subsidiary which is focused on “semiconductor packaging and interconnect technology.” To ensure company directives have been adhered to, Tessera has also sold off parts of the business that do not fit with the company’s long term vision, such as Micro-Optics Assets, which was sold to FLIR systems for around $15 million.

Nonetheless, the company’s acquisition of DigitalOptics Corporation has further supported the development of the company’s drive to deliver innovative smartphone technologies. The acquisition of facial recognition company FotoNation is also aimed at the automotive industry, further diversifying their market.



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Jun 18, 2021

Intelliwave SiteSense boosts APTIM material tracking

3 min
Intelliwave Technologies outlines how it provides data and visibility benefits for APTIM

“We’ve been engaged with the APTIM team since early 2019 providing SiteSense, our mobile construction SaaS solution, for their maintenance and construction projects, allowing them to track materials and equipment, and manage inventory.

We have been working with the APTIM team to standardize material tracking processes and procedures, ultimately with the goal of reducing the amount of time  spent looking for materials. Industry studies show that better management of materials can lead to a 16% increase in craft labour productivity.

Everyone knows construction is one of the oldest industries but it’s one of the least tech driven comparatively. About 95% of Engineering and Construction data captured goes unused, 13% of working hours are spent looking for data and around 30% of companies have applications that don’t integrate. 

With APTIM, we’re looking at early risk detection, through predictive analysis and forecasting of material constraints, integrating with the ecosystem of software platforms and reporting on real-time data with a ‘field-first’ focus – through initiatives like the Digital Foreman. The APTIM team has seen great wins in the field, utilising bar-code technology, to check in thousands of material items quickly compared to manual methods.

There are three key areas when it comes to successful Materials Management in the software sector – culture, technology, and vendor engagement.

Given the state of world affairs, access to data needs to be off site via the cloud to support remote working conditions, providing a ‘single source of truth’ accessed by many parties; the tech sector is always growing, so companies need faster and more reliable access to this cloud data; digital supply chain initiatives engage vendors a lot earlier in the process to drive collaboration and to engage with their clients, which gives more assurance as there is more emphasis on automating data capture. 

It’s been a challenging period with the pandemic, particularly for the supply chain. Look what happened in the Suez Canal – things can suddenly impact material costs and availability, and you really have to be more efficient to survive and succeed. Virtual system access can solve some issues and you need to look at data access in a wider net.

Solving problems comes down to better visibility, and proactively solving issues with vendors and enabling construction teams to execute their work. The biggest cause of delays is not being able to provide teams with what they need.

On average 2% of materials are lost or re-ordered, which only factors in the material cost, what is not captured is the duplicated effort of procurement, vendor and shipping costs, all of which have an environmental impact.

As things start to stabilise, APTIM continues to utilize SiteSense to boost efficiencies and solve productivity issues proactively. Integrating with 3D/4D modelling is just the precipice of what we can do. Access to data can help you firm up bids to win work, to make better cost estimates, and AI and ML are the next phase, providing an eco-system of tools.

A key focus for Intelliwave and APTIM is to increase the availability of data, whether it’s creating a data warehouse for visualisations or increasing integrations to provide additional value. We want to move to a more of an enterprise usage phase – up to now it’s been project based – so more people can access data in real time.


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