George "Geohot" Hotz and Sony settle out of court

Remember the battle between George Hotz and Sony over the whole hacking of his PlayStation 3? Well it has finally come to a conclusion.

From Destructoid

The notorious battle between Sony and PS3 hacker George "Geohot" Hotz has ended today, with the two parties settling out of court.

Hotz has agreed to a permanent injunction imposed by Sony's legal team, which is being taken to mean that he's not going to post source codes, hacking tips, or anything else that will help circumvent the PS3's security. Any further agreements remain confidential knowledge of the parties involved.

"Sony is glad to put this litigation behind us," said SCEA general counsel Riley Russell. "Our 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."

Hotz also made a statement, seeming similarly glad to be done with the battle: "It was never my intention to cause any users trouble or to make piracy easier. I’m happy to have the litigation behind me."

Whether this will satisfy Anonymous, and whether SCEE will continue its fight with Graf_Chokolo, remains to be seen.

Settlement in George Hotz Case [PS Blog]