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

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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

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

May 13, 2019 4:14 PM EDT

Immersion Corp. (NASDAQ: IMMR), the leading developer and licensor of advanced touch feedback technology, today announced that it has signed an agreement with Sony Interactive Entertainment (SIE) to license Immersions advanced haptics patent portfolio. Under the agreement, SIE can also leverage Immersions haptics... More