Immersion shakes $20.75 million into Microsoft's
coffers

post from Joystiq on 27 August 2008 06:15:43 PM. © Joystiq

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 can 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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