Tech Stocks in Motion

Updated from 12:37 p.m. EST

Shares of Immersion(IMMR Quote) were among technology's winners Monday, rising 9.6% after a district court in California ordered Sony(SNE Quote) to pay more than $90 million to Immersion as part of a patent-infringement lawsuit.

The award is related to a patent that covers technology used in Sony's Dual Shock controller, which is used for games on Sony's PlayStation and PlayStation 2 consoles. As part of the court order, Sony was told to halt sales of its PlayStation consoles in the U.S. However, Sony can continue to sell the console while it appeals the decision. The court's most recent decision followed a jury verdict in September that called for Sony to pay Immersion $82 million in damages. Shares of Immersion traded up 55 cents to $6.30.

Digital Impact(DIGI Quote) jumped 50.7% after the provider of technology used for Internet marketing agreed to be acquired by Acxiom(ACXM Quote) for $140 million in cash, or $3.50 a share. The price tag represents a 53% premium to Thursday's closing price of $2.29. Shares traded up $1.16 to $3.45.

Shares of Endwave(ENWV Quote) rose 1.3% after the company said it would sell 5 million shares of stock. The company plans to sell 2 million shares, while a selling stockholder will sell 3 million shares. Needham & Co. is leading the underwriting syndicate. Endwave, which will have about 12.5 million shares outstanding after the stock offering, will use proceeds from the deal for working capital and general corporate purposes. Shares traded up 28 cents to $21.80.

Solectron(SLR Quote) fell 13.9% after the company posted second-quarter earnings that fell short of expectations and forecast third-quarter sales that would be lower than expected. Excluding items, the electronics contract manufacturer posted earnings from continuing operations of $40 million, or 4 cents a share, on sales of $2.76 billion. Analysts polled by Thomson First Call expected earnings of 5 cents a share on sales of $2.71 billion. Looking ahead, Solectron forecast third-quarter earnings of 4 cents to 6 cents a share, in line with expectations, on sales of $2.6 billion to $2.8 billion, which is below expectations of $2.91 billion. The company also said that second-half earnings and sales would not be higher than first-half results. "While we are pleased with sequential growth in second-quarter revenue, we are not seeing the anticipated growth from several customers primarily in the consumer and computing markets," it said. Shares traded down 59 cents to $3.67.