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Nintendo and Philips settle their fight over motion patents

Philips made more than a few gamers nervous when it sued Nintendo over motion control patents back in the spring, but all that's water under the bridge as of today. The two companies have reached a truce that has Philips dropping its lawsuits in return for a patent cross-licensing deal. Neither firm is discussing the terms of the settlement, although Nintendo was clearly under the gun here -- it risked having to stop console sales during a US trial, which would have wrecked its already precarious finances. Regardless of who came out on top, it's safe to say that you won't have trouble picking up a Wii U in the near future.