Law360 (March 2, 2007, 12:00 AM EST) -- In a stunning concession, Sony Corp. has agreed to pay software developer Immersion Corp. more than $150 million to settle a contentious patent dispute, preventing the removal of its popular PlayStation videogame console from the U.S. market.
The deal ends a five-year-old lawsuit that erupted into a war of words over fraud and misconduct after a federal jury ordered Sony to pay Immersion $82 million in damages in September 2004 over infringement of two videogame controller patents.
San Jose, Calif.-based Immersion filed the lawsuit against the Japanese consumer electronics maker in February 2002 in the U.S. District Court for the Northern...
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