Sony settles suit over PlayStation emulator

Published: 16 March 2001 y., Friday
The companies announced Thursday a joint technology agreement under which they will work together on advanced "emulation" products that will allow PlayStation software to run on other systems. In addition, all legal issues surrounding San Mateo, Calif.-based Connectix's Virtual Game Station software have been resolved. Sony filed a copyright and patent infringement suit against Connectix in early 1999. Sony argued that because Virtual Game Station allowed PlayStation games to be played on PCs, it was harmful to game publishers, developers, creators and ultimately consumers. Sony makes a majority of its PlayStation-related revenue from licensing and royalty fees for PlayStation software; the actual consoles are sold at a loss. The same is true of other game manufacturers. But sales of peripherals such as controllers and memory cards help make up a significant revenue stream, and that may be part of the reason Sony has been so adamant about the suit against Connectix according to Gartner analyst P.J. McNealy. Under the agreement, Sony will acquire Connectix assets related to Virtual Game Station, but Connectix will continue to sell the software for Macintosh and Windows until the end of June. The companies will continue to develop emulation technology. Competition in the gaming industry is expected to get fierce this year as new consoles from Microsoft and Nintendo are released. However, Sony's PlayStation 2 will have a considerable head start. The consumer electronics giant said it expects to sell 3 million units in the United States by the end of the year and 9 million worldwide.
Šaltinis: CNET News.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

“Business Ambassador 2008” nomination established this year was awarded to V. Ušackas

AB Bank SNORAS, being the patron of the “Partnership Leader” nomination of the International trading palace ICC Lietuva (hereinafter - ICC Lietuva), this year initiated a special prize - “Business Ambassador”. more »

New report says ATM consolidation will continue, ATM transaction volumes will rise

Tremont Capital Group, an ATM-industry consultancy that works closely with the ATM Industry Association, has released its 2009 ATM Industry Fact Sheet, which summarizes the history and current state of the ATM industry. more »

UniCredit is “Best Trade Finance Provider 2009” in CEE, Austria and Poland and “Best Bank for Payments & Collections in CEE 2009”

The renowned magazine “Global Finance” has named the UniCredit Group as the “Best Trade Finance Provider 2009” in CEE, Austria and Poland as well as “Best Bank for Payments & Collections in CEE 2009”. more »

During last year AB Bank SNORAS group earned LTL 41.7 million profit

AB Bank SNORAS group, which comprises AB Bank SNORAS, AB “Latvijas Krājbanka” operating in Latvia and 19 other companies, during last year, according to unaudited data, earned LTL 41.7 million profit. more »

Parex banka to expand relationship with American Express

At a meeting this week, Nils Melngailis, the Chairman of Parex banka, and Alex M Furber, American Express Vice President in Central and Eastern Europe, agreed to explore further options for co-operation. more »

DnB NORD Bankas’ strategic initiative - to become financial guide to its customers

The country’s residents wish to have a clear understanding of financial services they use and are ready to make their final decision only when the advantages or disadvantages of each option is evident to them. more »

Thales selects degaussing specialists for Lithuanian minehunter contrac

Thales UK`s naval business recently announced the signature of an important sub-contract with Swedish company Polyamp AB for the supply of mine warfare degaussing systems for its new Lithuanian warship reactivation programme. more »

Stanford clients swarm banks

Hundreds of anxious depositors are rushing to pull out their money from banks affiliated with the Texas billionaire Allen Stanford accused of fraud. more »

MEPs set to back VAT cut for everyday items

VAT cuts for things like household repairs, care services, audio books and beauty treatments are likely to be backed by MEPs on Thursday. more »

MEPs set to back international whaling ban

MEPs are calling for tough new measures to be taken against whaling. more »