Immersion Corporation (NASDAQ:IMMR), the leading developer and licensor of touch feedback technology, today announced that it agreed to enter into a settlement and license agreement with HTC Corporation, resolving the patent infringement litigation brought by Immersion against HTC, but preserving Immersion’s right to appeal the invalidity ruling affecting three of Immersion’s patents. The litigation was initiated based on HTC’s various uses of a simple form of haptic effects in its mobile devices, sometimes referred to as Basic Haptics. Under the settlement and license agreement, HTC will pay an undisclosed amount of compensation for prior shipments of its devices...
↧