Last $8.58 USD
Change Today -0.34 / -3.81%
Volume 430.8K
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As of 4:00 PM 09/30/14 All times are local (Market data is delayed by at least 15 minutes).

immersion corporation (IMMR) Snapshot

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52 Week High
07/14/14 - $14.72
52 Week Low
09/30/14 - $8.51
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immersion corporation (IMMR) Details

Immersion Corporation, an intellectual property (IP) and technology licensing company, creates, designs, develops, and licenses technologies in North America, Europe, the Far East, and internationally. It provides haptic technologies that allow people to use their sense of touch when operating various digital devices. The company licenses its software under the TouchSense brand to original equipment manufacturers (OEMs) or their suppliers. It offers a range of software for incorporation into mobile devices, video console gaming systems, consumer electronics, medical simulation and surgical robotic systems, and automotive controls. The company also licenses its customers to implement the licensed software in their products. In addition, it offers turn-key engineering and integration services, design kits for prototyping, authoring tools, and application programming interfaces, as well as develops hardware and software technologies that are compatible with industry standards. The company sells its products through a direct sales force. Immersion Corporation was founded in 1993 and is headquartered in San Jose, California.

105 Employees
Last Reported Date: 02/27/14
Founded in 1993

immersion corporation (IMMR) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $351.3K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $281.1K
Senior Vice President of Sales & Marketing
Total Annual Compensation: $253.2K
Compensation as of Fiscal Year 2013.

immersion corporation (IMMR) Key Developments

Immersion Corporation Launches Solution for Adding Haptics to Video and Ad Content

Immersion Corporation announced that the company has launched TouchSense Engage, its groundbreaking software solution for enhancing mobile video with tactile effects. Creating a multi-sensory, immersive entertainment experience, TouchSense Engage enables video content creators and advertisers to add a limitless range of touch sensations, from the gentle rumbling of a car motor in a driving scene to the powerful swoosh of a helicopter propeller, to mobile entertainment and advertising content. The trend of second screen viewing is evolving, and mobile and tablet devices are becoming more of a primary source for enjoying video content. This unlocks the opportunity for content creators and advertisers to adopt emerging technology innovations from the mobile industry to create a new experience for consumers. User studies have established that consumers respond favorably to the tactile video experience - participants rate the quality of the experience higher and express a greater intent to share the content with friends and family. Additionally, users test well for brand recall and completed views of the ad or video trailer. As a part of this launch, Immersion has partnered with Slate magazine to enable ads 'Enhanced with Tactile Effects' to run on Slate Magazine's Android app. The TouchSense Engage solution offers software tools for video content producers, applications developers and advertisers to incorporate tactile technology into the mobile experience, including: Creation: Immersion provides authoring tools that are compatible with industry standard audio and video editing environments to allow for the design and creation of a haptic file for the piece of content. Distribution: The haptic file is packaged for distribution via existing terrestrial and cloud based video distribution models. Playback: The TouchSense Engage software development kit (SDK) is easily integrated into applications and content networks. The SDK enables the application to decode the haptic file and synchronize the tactile effects with the audio/visual content for playback. Tactile video and tactile ads created by TouchSense Engage are currently available only on Android-based devices.

Immersion Corporation and LG Electronics Inc. Sign License Agreement for Tactile Effects

Immersion Corporation announced that it has signed a new agreement with LG Electronics Inc. Reaffirming the ongoing relationship between the two companies, the new agreement is a multi-year worldwide license for Immersion's TouchSense(R) software and Basic Haptics IP. Immersion's TouchSense Software allows OEMs to create advanced, multi-dimensional user experiences with tactile effects. Using Immersion's software, device manufacturers are able to design and integrate customizable, high-quality, power-efficient tactile effects in touch user interfaces, applications and services.

David Habiger Joins Immersion Corporation Board of Directors

Immersion Corporation announced that seasoned technology executive David Habiger will join the company's board of directors. Currently, Mr. Habiger is a senior advisor to Silver Lake Partners and a Venture Partner at the Pritzker Group.


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Price/Earnings 6.6x
Price/Sales 5.0x
Price/Book 3.2x
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