In the latest, and likely final development in the ongoing battle between ZeniMax and Facebook in which ZeniMax claimed that Oculus software contained stolen code. The $500 million payout that was awarded to ZeniMax in February 2017 has been cut in half according to an article on Bloomberg.
U.S. District Judge Ed Kinkeade in Dallas affirmed the $200 million for breach of contract, as well as $50 million for copyright infringement, however he wiped out the additional $250 million awarded by the jury, and also rejected ZeniMax's request to ban sales of the Oculus headsets. In the end, ZeniMax is walking away with $250 million, plus $54 million in interest.
Seems odd that a jury verdict was cut in half, especially with no reason given in the Bloomberg article.
"Based on a strong evidentiary record, the jury in this case found that ZeniMax was seriously harmed by the defendants’ theft of ZeniMax’s breakthrough VR technology and its verdict reflected that harm," the company said in a statement, adding that it’s weighing next steps.
U.S. District Judge Ed Kinkeade in Dallas affirmed the $200 million for breach of contract, as well as $50 million for copyright infringement, however he wiped out the additional $250 million awarded by the jury, and also rejected ZeniMax's request to ban sales of the Oculus headsets. In the end, ZeniMax is walking away with $250 million, plus $54 million in interest.
Seems odd that a jury verdict was cut in half, especially with no reason given in the Bloomberg article.
"Based on a strong evidentiary record, the jury in this case found that ZeniMax was seriously harmed by the defendants’ theft of ZeniMax’s breakthrough VR technology and its verdict reflected that harm," the company said in a statement, adding that it’s weighing next steps.