ZeniMax Media Inc. has just been awarded a settlement of $500 million in a Virtual Reality (VR) patent dispute with Oculus, which is owned by Facebook. A Jury in Texas found that Oculus was in violation of VR patents held by ZeniMax.
For those who do not remember Oculus was acquired by Facebook back in 2014 in a $2 billion deal. ZeniMax actually owns id Software, a game studio led by legendary John Carmack. ZeniMax alleged that core components of the Oculus Rift were developed by John Carmack, when he was working at the ZeniMax subsidiary (id Software), making them ZeniMax’s intellectual property. Carmack left ZeniMax to work for Oculus in 2013.