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Meta settles lawsuit over haptic feedback tech in Quest headsets
Meta and Immersion have come to an agreement over the haptic feedback tech in the former's Quest VR headsets, for which Immersion claims to own the patent.
“We’re delighted to grant Meta a license to our patents for haptic technologies,” Immersion president and CEO Eric Singer said in a canned statement. After acquiring a haptic patent portfolio from Cybernet Systems, a small tech firm, in 1999, Immersion listed publicly on the NASDAQ. Interestingly, as a recent post from Seeking Alpha’s Gary Bourgeault points out, Immersion’s business model isn’t especially profitable — or sustainable in the long run.
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