price_and_volume
3 years ago
"Under the radar Metaverse Stock"
https://www.fool.com/investing/2021/11/28/2-under-the-radar-metaverse-stocks-that-could-make/
Investors haven't fared so well with Immersion (NASDAQ:IMMR). The tech stock has lost nearly half of its value so far this year. But the metaverse could present a tremendous opportunity.
The company is a pioneer in the development of haptic technology, which provides touch feedback to users. It holds more than 1,700 issued or pending patents for its haptic technology.
Immersion's business model is to license its technology to manufacturers. Customers include automotive suppliers, gaming-device makers, and mobile-device makers. Apple, Bosch, Google, Nintendo, Samsung, Sony, and many other companies use Immersion's haptic systems.
Haptic technology will likely be in high demand as the metaverse takes off within the next few years. There are other companies, including Meta Platforms, that will be major players in meeting that demand. However, Immersion's haptic expertise and broad intellectual property portfolio could give it a key advantage.
The company's market cap is only around $200 million. Immersion could grow much larger if the rise of the metaverse serves as a major catalyst for haptic-technology licensing sales.
crudeoil24
4 years ago
Immersion Corporation is a licensing company focused on the creation, design, development and licensing of haptic technologies that allow people to use their sense of touch when operating digital devices. The Company develops, licenses and supports a range of software and intellectual property (IP). It is focused on the markets, including mobile devices, wearables, consumer, mobile entertainment and other content; console gaming; automotive; medical, and commercial. It provides advanced tactile software, related tools and technical assistance to certain customers, and offers licenses to its patented IP to other customers. Its licenses enable customers to deploy haptically-enabled devices, content and other offerings, which they sell under own brand names. It holds patents, covering digital technologies and including ways in which touch-related technology can be incorporated into and between hardware products and components, systems software, application software, and digital content.
whytestocks
6 years ago
News: $IMMR Not Impossible Labs Engages Immersion for Haptic Technology
LOS ANGELES , Jan. 25, 2019 /PRNewswire/ -- Not Impossible Labs , an award-winning R&D lab and content studio that creates technology for the sake of humanity, today announced it has signed a multi-year license agreement with Immersion Corporation (NASDAQ:IMMR), a lead...
Read the whole news https://marketwirenews.com/news-releases/not-impossible-labs-engages-immersion-for-haptic-technology-7551246.html
Golden Cross
7 years ago
Immersion Files Additional Lawsuits Against Samsung in U.S. and China
Date : 03/08/2018 @ 5:15PM
Source : Business Wire
Stock : Immersion Corp. (IMMR)
Quote : 12.67 0.18 (1.44%) @ 8:00PM
Immersion Files Additional Lawsuits Against Samsung in U.S. and China
Immersion Corp. (NASDAQ:IMMR)
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Immersion Corporation (NASDAQ:IMMR), the leading developer and licensor of touch feedback technology, today announced that it has filed a second complaint in the U.S. District Court for the Eastern District of Texas against Samsung Electronics America, Inc. and Samsung Electronics Co., Ltd. alleging that certain Samsung touchscreen phones, including the Galaxy S8, infringe Immersionβs U.S. Patent No. 8,619,051, βHaptic Feedback System with Stored Effectsβ (the β051 patent) The complaint seeks to stop further infringement by Samsung and to recover damages. The β051 patent is one of the patents that Immersion asserted against Apple, Inc. which litigation has since terminated in a settlement and license agreement.
In the third quarter of 2017, Immersion filed a complaint against Samsung Electronics America, Inc. and Samsung Electronics Co., Ltd. in the U.S. District Court for the Eastern District of Texas alleging that certain Samsung touchscreen phones, including the Galaxy S8, infringe certain Immersion patents covering haptic feedback systems and methods in electronic devices. The Court has scheduled a claim construction hearing for August 15, 2018 and a trial date of February 19, 2019.
In addition, Immersion also announced today that it has filed a complaint in the Fuzhou Intermediate Court in Fuzhou, China against Samsung (China) Investment Co., Ltd., Huizhou Samsung Electronics Co., Ltd and Fujian Province Min Xin Household Electrical Appliances Technology Service Co., Ltd. alleging that certain Samsung touchscreen phones, including the Galaxy S8, infringe three Immersion Chinese patents covering haptic feedback systems and methods in electronic devices.
The Chinese patents being asserted are:
Chinese Patent No. ZL02821854.X βInput device and mobile telephone comprising the input device;β
Chinese Patent No. ZL201210005785.2 βMethod and apparatus for providing tactile sensations;β and
Chinese Patent No. ZL201310253562.2 βMethods and apparatus for providing tactile sensations.β
These patents are related to the patents that were asserted against Apple, Inc. which litigation has since terminated in a settlement and license agreement.
About Immersion
Immersion Corporation (NASDAQ: IMMR) is the leading innovator of touch feedback technology, also known as haptics. The company provides technology solutions for creating immersive and realistic experiences that enhance digital interactions by engaging usersβ sense of touch. With more than 2,900 issued or pending patents, Immersion's technology has been adopted in more than 3 billion digital devices, and provides haptics in mobile, automotive, gaming, medical and consumer electronics products. Immersion is headquartered in San Jose, California with offices worldwide. Learn more at www.immersion.com.
Hercules1
7 years ago
just a temporary dip.
it is ready to skyrocket again.
Immersion Shares Surge After Settlement, License Deal with Apple
9:32 am ET January 29, 2018 (Dow Jones) Print
Shares in Immersion Corp. surged 52% in premarket trading after the touch-screen technology company said it reached a settlement and licensing deal with Apple Inc. California-based Immersion, which said deal terms were confidential, says its technology has been adopted in more than 3 billion digital devices. Immersion sued Apple in 2016, claiming the tech giant infringed on its patents for devices including the iPhone 6 and Apple Watch. The company had a market capitalization of roughly $215 million through Friday's close. (bowdeya.tweh@wsj.com; @BowKnowsBiz)
(END) Dow Jones Newswires
this news is huge. stock is going to run for days.