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  "documentTitle": "Tessera Technologies Inc. (TSRA)",
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  "authorName": "Starboard Value",
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  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2013-04-30 00:00:00",
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  "notes": "Outlines a structured 90-day plan focusing on CEO search, IP licensing review, DOC business evaluation, cost structure, and organizational assessment.",
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      "text": "Continue CEO search process. Engage with search firm to review position specifications and status - make adjustments where needed and proceed with search.\nConduct in-depth review of the IP licensing business.\nThe current plan, focusing on major open licensing deals, litigation and licensing activities, and prospects of other efforts with a clear mapping back to revenues, costs, goals over the next several quarters and years.\nCompare the current plan against profitability, growth, and productivity benchmarks against relevant competitors.\nThe patent portfolio.\n- Interview all external legal counsels for updates on legal efforts.\n- Review existing case load and legal partners.\n- Review existing fee structures and find areas to reduce costs or improve returns.\n- Determine needed tuck-in acquisition areas.\n- Determine prospective operating company / universities with whom to form licensing relationships.\nEvaluate current state of DOC business and the prospects for improving.\n- Review pipeline prospects for various Mems/Cam modules and Suite licensing opportunities\n- Review expenses, cash flow, and revenue forecasts.\n- Engage with financial advisor for status update on strategic alternatives and make adjustments where needed.\n- Begin development of licensing plan for DOC patent portfolio.\nEvaluate the corporate cost structure and develop action plan.\nEvaluate staffing resources for emerging plans and build new organizational chart.\n- Interview key employees to determine role and responsibilities.\n- Prioritize human resource issues and address concerns.",
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      "text": "May 23rd and Beyond: First 90 Days",
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