Sony has reached a settlement with GeoHot where he consented to a permanent injunction, but still denies any wrong-doing in the whole affair.
The terms of the settlement are confidential, but Sony has released a joint statement stating that Sony's "motivation for bringing this litigation was to protect our intellectual property and our consumers. We believe this settlement and the permanent injunction achieve this goal."
"It was never my intention to cause any users trouble or to make piracy easier," the statement quoted Hotz, "I'm happy to have the litigation behind me."
Following the announcement, GeoHot reminded his blog visitors that "the terms of the settlement agreement are 'confidential' and the matter requires that they be 'confidential'," but he "think[s] people will be happy...It definitely was not a waste, I assure you."