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immersion corporation (IMV) Snapshot

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07/15/14 - €10.48
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03/28/14 - €6.92
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immersion corporation (IMV) 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 (IMV) 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 (IMV) Key Developments

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.

Immersion Corporation Announces License with Samsung Printing Solutions

Immersion Corporation announced that it has extended its license agreement with Samsung, for the use of TouchSense and Integrator products in smartphones and other mobile devices, to the company's printing solutions business unit. The first product as a result of this agreement extension uses Immersion's high-definition, TouchSense 5000 software in a touch LCD printer controller. Using TouchSense 5000, Samsung's new smart MultiXpress Multifunction printer series feature a high-definition tactile interface on an Android OS-based touch LCD screen printer controller. Immersion's TouchSense 5000 software enhances the touch screen LCD printer controller's capabilities to produce powerful and crisp tactile effects, creating a more intuitive and easy-to-use interface. As the industry continues to move forward with the integration of new technology components in digital devices, the design of the user experience has become increasingly important. Touchscreens have the advantage of a streamlined, software-based system that can be easily upgraded and customized based on user preference, however, they lack the tactile feel of a button user interface to which consumers are accustomed. Immersion's technology enables OEMs to complement touchscreens with critical tactile confirmation cues, distinctively enhancing the usability of their products.


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