Immersion Announces Settlement, License Deal with Google, Motorola Mobility


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Immersion Corporation (NASDAQ: IMMR), the leader in touch feedback technologydevelopment and licensing, today announced it entered into a settlement andlicense agreement with Google, Inc. and Motorola Mobility LLC, resolving thepatent infringement litigation brought by Immersion against Motorola. Thelitigation was initiated based on Motorola's various uses of a simple form ofhaptic effects in its mobile devices, sometimes referred to as Basic Haptics.Under the settlement and license agreement, Immersion is receivingcompensation for prior shipments of Motorola devices containing Basic Hapticstechnology, the parties have agreed to a license relating to future shipmentsof Motorola devices with Basic Haptics, and have resolved certain issues withrespect to Google-branded smartphones containing Basic Haptics. The agreementdoes not extend to other manufacturers' handsets that use the Androidoperating system. As a result of the settlement, Immersion will dismiss allpending litigation between it and Motorola.

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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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