Tuesday, March 29, 2005

Immersion to Sony - Let's talk

The Washington Post reports analysts believe that Immersion recent judgment against Sony will have negligible impact on Sony’s business.

Immersion originally sought $299 million from Sony Computer Entertainment and Sony Computer Entertainment America. Immersion chief executive Victor Viegas said the amount his company was awarded works out to about 1.37 percent in royalties on $5 billion in sales of the PlayStation 2. As Immersion usually negotiates 5 percent royalties, he said, "it was something of a compromise."
Read the article by Mike Musgrove here.

Hat tip to Danny O of the Pinehurst Thread.

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