Tessera Technologies recently selected its general counsel Barney Cassidy as president of Tessera Intellectual Property Corporation, the company’s patent licensing arm. The appointment is the latest move in a series of structural and strategic shifts taking place at Tessera. These changes may have been partially motivated by pressure from shareholders – one of which, Starboard Value, has announced that it will challenge for seats on the Tessera board at the company’s next annual general meeting.

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