Tuesday, November 27, 2012

Immersion Settles With Google And Motorola: Basic Haptics Become A Revenue Stream

Read the whole article at Seeking Alpha:

>>Immersion Corporation (IMMR) announced it entered into a settlement and license agreement with Google (GOOG) and Motorola Mobility LLC, so resolving the patent infringement litigation pending between Immersion and Motorola.

The settlement validates the value of Immersion's IP portfolio

The settlement represents a key step for the company in the mobility sector, for several reasons.
First of all, it allows Immersion to favorably conclude a court case, which is always a risky, lengthy, expensive and often distracting process for any company.

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