Immersion signed a settlement and license deal with Google...

Court, Wilmington, Del., claiming the touchscreens of certain Android-based smartphones infringed on six Immersion patents covering various uses of haptic effects. Under the settlement and license deal, Immersion said it’s receiving unspecified compensation for prior shipments of Motorola devices containing Basic Haptics technology. The companies also agreed to a license on future shipments of Motorola devices with Basic Haptics and resolved certain issues with respect to Google-branded smartphones containing Basic Haptics, Immersion said. The deal doesn’t extend to other manufacturers’ Android handsets, Immersion said. Immersion will dismiss all pending litigation between it and Motorola, Immersion said. The resolution of the dispute is “a critical step in our overall strategy of enforcing and monetizing our intellectual property, including Basic Haptics, and we're pleased to achieve a settlement that is consistent with our business model, which is largely based on per unit running royalties,” Immersion CEO Victor Viegas said in a news release. Immersion remains “fully committed to enforcing our IP rights while continuing to innovate and create new technology and solutions for the mobile space,” he said. Other terms of the settlement “will remain confidential and are not anticipated to have a material impact on” Immersion’s financial results this year, he said. Immersion shares closed 34.8 percent higher Tuesday at $6.32.