"We are pleased to have put this litigation behind us," said Immersion CEO Victor Viegas. "Our new business agreement with Sony Computer Entertainment is specifically intended to enable advanced vibration capability for the benefit of the PlayStation gaming community. We are happy to provide our technology in this regard and hope to make technical proposals very soon with respect to use of our technology in the PlayStation products."

How that rumble is going to debut on the PS3 has yet to be seen. What will happen with all the SIXAXISes out there? Any chance of Sony's Phil Harrison standing in the way of rumble, after stating "rumble I think was the last generation feature"?

Read more on what this means for Immersion as well, from the Associated Press.

Read the full press release below.

Full press release:

Immersion and Sony Computer Entertainment Conclude Litigation and Enter into Business Agreement

SAN JOSE & FOSTER CITY, Calif., Mar 01, 2007 (BUSINESS WIRE) -- Immersion Corporation (NASDAQ:IMMR), a leading developer and licensor of touch feedback technology, and Sony Computer Entertainment (SCE) today announced the companies have agreed to conclude their patent litigation at the U.S. Court of Appeals for the Federal Circuit and have entered into a new business agreement to explore the inclusion of Immersion technology in PlayStation® format products.

"We are pleased to have put this litigation behind us," said Immersion CEO Victor Viegas. "Our new business agreement with Sony Computer Entertainment is specifically intended to enable advanced vibration capability for the benefit of the PlayStation gaming community. We are happy to provide our technology in this regard and hope to make technical proposals very soon with respect to use of our technology in the PlayStation products."

Immersion will receive the amount of the judgment entered by the District Court, which includes damages, pre-judgment interest, costs, and interest, in addition to retaining compulsory license fees ordered by the District Court which were already paid. Terms of the business agreement between the parties provide SCE with certain new rights with respect to Immersion's patent portfolio. Additional financial terms are not being disclosed. The conclusion of this litigation and the agreement will have no material impact on Sony's consolidated earnings forecast announced on January 30, 2007.

"We look forward to exploring with Immersion exciting new ways to bring the largest and best range of gameplay experiences to our customers," said Kazuo Hirai, President and Group Chief Operating Officer, Sony Computer Entertainment Inc. "We are very excited about our new partnership with Immersion and the potential for new and innovative products incorporating their technologies."

Comments

lol Written by Guest on 2007-03-05 00:00:00 didn't sony just say that rumble was in the past, that the ps3 didn't need it, now all of a sudden its the greatest thing ever, geex i feel sorry for thier pr department, go on keep flip floping sony, im sure no one will notice...

Phil Harrison Written by Guest on 2007-03-02 00:00:00 Phil Harrison is a tool. I love Sony's consoles but geez do they ever have 'geniuses' at the helm. Phil would be much better off keeping his trap shut before making an even bigger ass of himself. Phil, you're rubbish. Hooray for rumble though!

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