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Immersion (IMMR +24.5%) is taking off after announcing it has settled its patent dispute with...

Immersion (IMMR +24.5%) is taking off after announcing it has settled its patent dispute with Motorola Mobility (GOOG). Immersion will be compensated for past shipments of Motorola devices containing basic haptic feedback tech, and a licensing deal has been reached for future shipments (terms are undisclosed). Investors are likely betting the settlement will pave the way for additional deals.
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Comments (1)
  • Jmedici
    , contributor
    Comments (2) | Send Message
     
    Validates the Immersion's IP.
    27 Nov 2012, 10:25 AM Reply Like
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