As part of the truce, Sony will pay San Jose-based Immersion $97.2 million in damages and interest, as stipulated in the original court award that Sony was appealing. Sony will also pay $22.5 million in licensing payments through 2009 plus an unspecified amount of fees and royalties. In total, Sony will cough up at least $150.3 million to settle the litigation, when factoring in $30.6 million in compulsory license payments the Japanese company has already paid.
Not a bad chunk of change for Immersion. Apparently their stock jumped 32% after this news broke. So how long will it be till we see a sixaxis controller with rumble now that Sony has the permission? I'm guessing PS4.
Showing posts with label Sony Lawsuit. Show all posts
Showing posts with label Sony Lawsuit. Show all posts
Friday, March 2, 2007
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