Immersion Files Complaint Against Meta Platforms / Facebook With U.S. District Court for the Western District of Texas
May 27 2022 - 8:00AM
Business Wire
Immersion Corporation (NASDAQ: IMMR), the leading developer and
provider of technologies for haptics, today announced that it has
filed a complaint against Meta Platforms, Inc. (formerly known as
Facebook, Inc.) in the United States District Court for the Western
District of Texas.
The complaint alleges that Meta’s augmented and virtual reality
(“AR/VR”) systems, including the Meta Quest 2, infringe six
Immersion patents that cover various uses of haptic effects in
connection with such AR/VR systems. Immersion is seeking to enjoin
Meta from further infringement and to recover a reasonable royalty
for such infringement.
“Immersion and its employees have worked diligently for almost
30 years to invent innovative haptic technologies that allow people
to use their sense of touch to engage with products and experience
the digital world around them. Our intellectual property is
relevant to many of the most important and cutting-edge ways in
which haptic technology is and can be deployed, and, in the case of
AR/VR experiences, haptics is crucial to an immersive user
experience,” said Francis Jose, CEO and General Counsel.
“While we are pleased to see that Meta recognizes the value of
haptics and has adopted our haptic technology in its AR/VR systems
as part of its multi-billion dollar effort to create the metaverse
and generate revenue streams through the sales of hardware, games
and other virtual assets, and advertisements, it is important for
us to protect our business against infringement of our intellectual
property to preserve the investments that we have made in our
technology,” added Mr. Jose. “We must ensure that our intellectual
property is recognized as a necessary feature in the emerging
AR/VR/metaverse market, even when litigation becomes
necessary.”
The complaint against Meta asserts infringement of the following
patents:
- U.S. Patent No. 8,469,806: “System and method for providing
complex haptic stimulation during input of control gestures, and
relating to control of virtual equipment”
- U.S. Patent No. 8,896,524: “Context-dependent haptic
confirmation system”
- U.S. Patent No. 9,727,217: “Haptically enhanced interactivity
with interactive content”
- U.S. Patent No. 10,248,298: “Haptically enhanced interactivity
with interactive content”
- U.S. Patent No. 10,269,222: “System with wearable device and
haptic output device”
- U.S. Patent No. 10,664,143: “Haptically enhanced interactivity
with interactive content”
About Immersion
Immersion Corporation (NASDAQ: IMMR) is the leading innovator of
touch feedback technology, also known as haptics. The company
invents, accelerates, and scales haptic experiences by providing
technology solutions for mobile, automotive, gaming, and consumer
electronics. Haptic technology creates immersive and realistic
experiences that enhance digital interactions by engaging users'
sense of touch. Learn more at www.immersion.com.
Forward-looking Statements
This press release includes forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended (the “Securities Act”), and Section 21E of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”). The
forward-looking statements involve risks and uncertainties.
Forward-looking statements are identified by words such as
“anticipates,” “believes,” “expects,” “intends,” “may,” “can,”
“will,” “places,” “estimates,” and other similar expressions.
However, these words are not the only way we identify
forward-looking statements. Examples of forward-looking statements
include any expectations, projections, or other characterizations
of future events, or circumstances, and include statements
regarding us ensuring that our intellectual property is recognized
in the emerging AR/VR/metaverse market.
Because forward-looking statements relate to the future, they
are subject to inherent uncertainties, risks and changes in
circumstances that are difficult to predict and many of which are
outside of our control. Actual results could differ materially from
those projected in the forward-looking statements, therefore we
caution you not to place undue reliance on these forward-looking
statements. Important factors that could cause our actual results
and financial condition to differ materially from those indicated
in the forward-looking statements include, among others, the
following: the inability to predict the outcome of any litigation,
the costs associated with any litigation and the risks related to
our business, both direct and indirect, of initiating litigation,
the effects of the COVID-19 global pandemic on the Company and its
business, and on the business of its suppliers and customers;
unanticipated changes in the markets in which the Company operates;
the effects of the current macroeconomic climate (especially in
light of the ongoing adverse effects of the COVID-19 global
pandemic); delay in or failure to achieve adoption of or commercial
demand for the Company’s products or third party products
incorporating the Company’s technologies; the inability of
Immersion to renew existing licensing arrangements, or enter into
new licensing arrangements on favorable terms; the loss of a major
customer; the ability of Immersion to protect and enforce its
intellectual property rights and other factors. For a more detailed
discussion of these factors, and other factors that could cause
actual results to vary materially, interested parties should review
the risk factors listed in Immersion’s Annual Report on Form 10-K
for 2021 and in its most recent Quarterly Report on Form 10-Q which
are on file with the U.S. Securities and Exchange Commission. Any
forward-looking statements made by us in this press release speak
only as of the date of this press release, and Immersion does not
intend to update these forward-looking statements after the date of
this press release, except as required by law.
Immersion, and the Immersion logo are trademarks of Immersion
Corporation in the United States and other countries. All other
trademarks are the property of their respective owners.
(IMMR – C)
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Investor Contact: Aaron Akerman Immersion Corporation
514-987-9800 ext. 5110 aakerman@immersion.com
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