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Oculus VR, ZeniMax dispute heads to court ahead of Facebook acquisition

John Ribeiro | May 23, 2014
The dispute between Oculus VR, a wearable virtual reality technology company that Facebook is acquiring, and ZeniMax Media reached court Wednesday.

Up to 2013 the companies negotiated the terms of the compensation for the technology and assistance but no resolution was reached and ZeniMax claims Oculus never provided it with any compensation whatsoever. In September 2012, Oculus proposed giving ZeniMax a stake of 2 percent for its contributions and selling it an additional stake of 3 percent for $1.2 million, but ZeniMax asked for more.

The lawsuit which accuses Oculus and Luckey of misappropriation of trade secrets, copyright infringement, unjust enrichment, breach of contract, among other counts, seeks damages and other relief at time of trial by jury.

ZeniMax through counsel had earlier written to Carmack and Oculus to assert its intellectual property rights. The letter to Carmack was written before Facebook announced its proposed acquisition of Oculus, according to the complaint.

"The lawsuit filed by ZeniMax has no merit whatsoever. As we have previously said, ZeniMax did not contribute to any Oculus technology. Oculus will defend these claims vigorously," Oculus said in an emailed statement.

 

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