Title: Sony settles lawsuit with Immersion Post by: Tondog on March 01, 2007, 07:00:53 PM http://www.businessweek.com/ap/financialnews/D8NJLMP06.htm
Immersion, Sony settle patent suit SAN JOSE, Calif. Immersion Corp., a maker of hardware and software that simulates tactile feelings to enhance on-screen events, said Thursday it settled a patent lawsuit with Sony Computer Entertainment, and will "explore" the use of Immersion technology in PlayStation products. Under the agreement, Immersion will receive twelve quarterly payments of $1.875 million beginning in March, for a total of $22.5 million, and will pay Immersion certain other fees and royalties, while Immersion granted Sony licenses for some of its patents, and covenants not to sue. Shares of Immersion closed down 7 cents at $7.23 on the Nasdaq Title: Re: Sony settles lawsuit with Immersion Post by: djbeatmongrel on March 01, 2007, 11:25:46 PM could this mean ps3 controllers with rumble. me hope so. it would be like having a ps1 and seeing the dualshock released for it hehe.
Title: Re: Sony settles lawsuit with Immersion Post by: phoenix1967 on March 02, 2007, 11:21:27 AM I'm surprised Immersion's stock went DOWN on that news. :speechless:
Title: Re: Sony settles lawsuit with Immersion Post by: Tondog on March 02, 2007, 01:33:45 PM To be fair, the AP story came out at 6:01 PM Eastern, which is of course after the markets close.
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