It marks the end of a legal battle that’s been raging for over four years, with ZeniMax initially suing the Oculus all the way back in May 2014. Â
ZeniMax Media has agreed to settle the litigation it brought against Facebook, Oculus, and others for the unlawful misappropriation of its virtual reality technology.
« We are pleased that a settlement has been reached and are fully satisfied by the outcome, » said ZeniMax chairman and CEO, Robert Altman.
« While we dislike litigation, we will always vigorously defend against any infringement or misappropriation of our intellectual property by third parties.