Immersion (IMMR), Sony Interactive Entertainment Enter into Licensing Agreement for Advanced Haptics

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Immersion (IMMR) Reports Litigation Settlement, Including Patent and Technology License Agreement

May 13, 2019 4:29 PM EDT

Immersion Corporation (NASDAQ: IMMR) today announced that it agreed to enter into a settlement and license agreement with Samsung Electronics Co., Ltd., resolving the global patent infringement litigation brought by Immersion against Samsung.

We are delighted to have resolved this litigation... More

Immersion (IMMR) Tops Q1 EPS by 1c, Slight Beat on Revenues; Raises FY19 Revenue Outlook Above Consensus

May 13, 2019 4:21 PM EDT

Immersion (NASDAQ: IMMR) reported Q1 EPS of ($0.28), $0.01 better than the analyst estimate of ($0.29). Revenue for the quarter came in at $5.12 million versus the consensus estimate of $5.1 million.

Ramzi Haidamus, President and Chief Executive Officer of Immersion, commented, I am delighted to report that the... More