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13 outgoing links Immersion shakes $20.75 million into Microsoft’s coffers
Post Date: Aug 29, 2008 7:55 a.m.
Ranked website: gamingcity.info (Not Ranked Yet)
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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]
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