View Full Version : Microsoft sues Immersion
06-20-2007, 06:48 PM
Remember that whole force feedback fiasco where Immersion sued Sony and Microsoft for using their technology? Well looks like that's coming back to bite them in the ass.
But it doesn’t end there, Microsoft also loaned Immersion $9 million dollars through the purchase of convertible bonds and also bought a 10% stake in the company. Back in 2003, Immersion shares were trading in the $2/share range, which put the value of teh 10% stake at just under $1.3 million. Today, the stock is trading at just under $13/share.
Have them by the balls
06-26-2007, 10:17 AM
I never thought I'd say this, but...
I feel dirty... :(
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