Immersion Corporation
#8387
Rank
$203.18M
Marketcap
United States
Country
Mr. Eric Brandon Singer (Exec. Chairperson)
Mr. Francis Jose (CEO, Gen. Counsel & Sec.)
Mr. Aaron Akerman (CFO & Treasurer)
Summary
History
In 1993, Immersion was founded by Louis Rosenberg, who served as its chief executive officer until 2000.
In 1997, Immersion worked with Microsoft to integrate their Immersion's TouchSense technology into Microsoft's DirectInput API for DirectX 5.0. Microsoft and Immersion continued to work together on DirectX 6 and 7, and signed an agreement in 1999 to share each other's "feel simulation technology".
In November 1999, the company went public. Shares were offered at $12.00.
In March 2000, Immersion acquired Haptic Technologies for $7 million, gaining their patent portfolio.
In March 2000, Immersion acquired Immersion Medical for an undisclosed amount, gaining their patent portfolio.
In September 2000, Immersion acquired Virtual Technologies for $1 million, gaining their patent portfolio.
By 2014, Immersion Corporation gained over 1,650 issued or pending patents in the U.S. and other countries in the haptic field.
February 2016: Immersion claims Apple has infringed two patents on the iPhone 6s and new Apple Watch. The CEO of Immersion is seeking compensation from Apple and an injunction on US sales.
January 2017: Immersion has a multi-year partnership with Nintendo to use its haptic technology on the Nintendo Switch.
Mission
Vision
Key Team
Mr. William Charles Martin (Chief Strategy Officer & Director)
Mr. Leonard Wood (Chief Accounting Officer)
Dr. Yeshwant Muthusamy (Chief Technology Officer)
Ms. Sophie Laval (Head of HR)
Recognition and Awards
References
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Mr. Eric Brandon Singer (Exec. Chairperson)
Mr. Francis Jose (CEO, Gen. Counsel & Sec.)
Mr. Aaron Akerman (CFO & Treasurer)