"Immersion has signed a $26m licensing deal with Microsoft, settling its lawsuit with the software giant and giving Microsoft a 10 percent stake in the firm.
In February 2002, US-based Immersion filed a lawsuit against Microsoft and Sony for patent-infringement, for use of its haptic, or touch, technology. While litigation against Sony is ongoing, Microsoft's decision to spend $26 million to license Immersion's technology effectively ends the legal fight between the two. "
The Register - Microsoft gets touchy feely with $26m Xbox pay-off
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