Last year, ZeniMax Media filed a lawsuit against Oculus for breach of non-disclosure agreement by stealing confidential tech information for the Oculus Rift VR Headset. After a year-long battle, the lawsuit was settled in favor of ZeniMax. The case was tried in the Federal District Court in Dallas in January 2017 and decided in favor of ZeniMax for $500 million. Following a number of appeals, the amount was reduced to $250 million.
As reported by GamesIndustry.biz, ZeniMax chairman and CEO Robert Altman states: “We are pleased that a settlement has been reached and are fully satisfied by the outcome. While we dislike litigation, we will always vigorously defend against any infringement or misappropriation of our intellectual property by third parties.”
According to a press release from Bethesda, a subsidiary of ZeniMax, shared with WindowsCentral, “The appeal was pending when the settlement was reached with Facebook,” and the “terms of the settlement were not disclosed.”
As the terms of the settlement have not been disclosed, we don’t know much about the details. Regardless, it’s great to see that both parties involved have reached an understanding.