Wednesday, June 21, 2017

ZeniMax To Judge: Block Oculus Sales Or Give Us 20%

Zenimax is demanding that the courts either block sales of the Oculus Rift or give them 20% royalties on the sales.

While Oculus' sale to Facebook "[made] tycoons out of the individual Defendants," ZeniMax writes, the company "never received a penny for its investment in this revolutionary technology—even though it was ZeniMax that had proven its value to the world long before Defendants ever came along." The company also points to specific language in the Oculus/ZeniMax NDA that establishes an injunction would be called for if that agreement was broken.