Aug 29 2008

Immersion shakes $20.75 million into Microsoft’s coffers

Posted by: in Xbox360

Filed under: Microsoft Xbox 360, Business

Microsoft has won its claim against rumble licensor Immersion Corp., receiving $20.75 million from the company, Reuters reports. The particulars of the case revolve around a 2003 sub-licensing agreement between the two companies in which Microsoft was entitled to a portion of the cash that Immersion eventually settled on in its case against Sony.

It appears that everything is now ship-shake between all the corporations involved and we have the ability to continue enjoying the jiggles we get from our controllers.

Source — Payback Time: Immersion To Pay $20.75 Million To Microsoft (Efluxmedia)
Source — Immersion settles suit with Microsoft (Reuters)

[Thanks, laserboyjc]

Read

Popularity: unranked [?]