Brief: Immersion Announces Litigation Settlement

Immersion

01/08/2019 22:45

Aug 1 (Reuters) - Immersion Corp  IMMR.O :
    * IMMERSION ANNOUNCES LITIGATION SETTLEMENT, INCLUDING
PATENT
LICENSE AGREEMENT
    * IMMERSION CORP - AGREED TO ENTER INTO A SETTLEMENT AND
LICENSE
AGREEMENT WITH MOTOROLA MOBILITY LLC, RESOLVING LITIGATION
BETWEEN COMPANIES
    * IMMERSION CORP - TERMS OF AGREEMENT ARE CONFIDENTIAL
    * IMMERSION CORP - OVERALL SETTLEMENT AND LICENSE FALL IN
LINE
WITH IMMERSION'S BUSINESS MODEL OF QUARTERLY PAYMENTS AND
REVENUE RECOGNITION

Source text for Eikon:  ID:nBw5F00PTa 
Further company coverage:  IMMR.O 

 ((Reuters.Briefs@thomsonreuters.com;))