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Oculus lawsuit ends with half billion dollar judgment awarded to ZeniMax
- tabeth 10y agoFacebook 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-oculus-closes-now-official/oA0vltzhZ4rd46htQ&sig2=xrslmNgxB4AisWBGnReJlw https://techcrunch.com/2014/07/21/facebooks-acquisition-of-o...
- Cozumel 10y ago$3B http://uk.businessinsider.com/facebook-actually-paid-3-billion-for-oculus-vr-2017-1 http://uk.businessinsider.com/facebook-actually-paid-3-billi...
- throwaway37482 10y agoSpecially with taxes, might be not a lot remaining.
- e1ven 10y 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 10y agoYeah, 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.