Oculus lawsuit ends with half billion dollar judgment awarded to ZeniMax

http://www.polygon.com/2017/2/1/14474198/oculus-lawsuit-verdict

by e1ven • 9 years ago

44 5 9 years ago

_m8fo• 9 years ago

Facebook bought Oculus for $2B [1]

25% of the purchase price for infringing on an NDA is pretty damaging. I believe that'll be a good deterrent in the future.

[1] https://techcrunch.com/2014/07/21/facebooks-acquisition-of-o...

Cozumel• 9 years ago

$3B http://uk.businessinsider.com/facebook-actually-paid-3-billi...

throwaway37482• 9 years ago

Specially with taxes, might be not a lot remaining.

e1ven• 9 years ago

"Of the $500 million, Oculus is paying out $200 million for breaking the NDA and $50 million for copyright infringement. Oculus and Luckey each have to pay $50 million for false designation. And Iribe has to pay $150 million"

Interesting to see how this is spread out to the various parties - There is apparently blame to go around.

gregw2• 9 years ago

Yeah, I didn't quite get how Zenimax is post-trial complaining about Carmack's behavior but he's not the one having to pay these fines but other individuals are on the hook.

Oculus lawsuit ends with half billion dollar judgment awarded to ZeniMax

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