Profile: Immersion Corp (IMMR.OQ)
14.96USD
1 Aug 2013
$0.62 (+4.32%)
$14.34
$14.55
$15.12
$14.53
105,125
107,214
$15.74
$4.17
Immersion Corporation (Immersion), incorporated on August 26, 1999, is a provider of haptic technologies that allow people to use their sense of touch when operating a variety of digital devices. The Company develops and market or license a ranges of software technologies and products. The Company is focusing its marketing and business development activities on markets, such as mobile communications and consumer electronics, automotive, gaming, commercial and industrial, and medical. The Company in its target application areas, such as mobile phones, video console gaming, consumer electronics, medical simulation and surgical robotic systems and automotive controls, licenses its technologies to original equipment manufacturers (OEMs) or their suppliers who then include the Company’s technologies in products sold under their own brand names. The Company licenses its technology solutions under the TouchSense brand, and has developed a family of TouchSense solutions that address the needs of its target markets.
The Company’s TouchSense 1000 family offers haptic effects for touch screens, touch panels, and touch surfaces that is optimized for strength in demanding applications and extreme environments. Its TouchSense 2000 family provides haptic effects for touch screens and touch panels, providing pre-designed haptic effects and UI support along with design recommendations oriented for mass market devices. The TouchSense 3000 family provides precise actuator control to single actuator designs, making it an easy to implement solution that enables over 100 haptic effects. Its TouchSense 4000 family also targets the mobile communications and consumer electronics market by providing controls for higher-fidelity haptic designs which utilize multiple actuators. The TouchSense 5000 family offers haptic controls for high-fidelity piezo and/or smart actuators, creating crisp, realistic and nuanced haptic effects. Integrator Modules include: UI Module, which streamlines haptic integration by automatically associating haptic effects with select UI elements such as button presses and scrolling actions; Reverb Module, which uses the real-time audio track in digital content such as games to create complementary haptic effects; Themes Module, which allows OEMs to waterfall a signature haptic feel through the UI of the device; WebKit Module, which extends the them controls to the device Internet browser experience; and Ringtones Module, which enables support and distinct haptic vibrations to be used during the device silent mode.
The Company offers engineering assistance, including technical and design assistance and integration services that allows its licensees to incorporate its touch-enabling products and technologies into their products at a reasonable cost and in a shortened time frame. It offers product development solutions including product software libraries, design, prototype creation, technology transfer, actuator selection, component sourcing, development/integration kits, sample source code, comprehensive documentation, and other engineering services.
The Company offers several design kits for customers to uses for technology evaluation, internal evaluation, usability testing, and focus group testing. The kits include components and documentation that designers, engineers, and system integrators need for prototyping TouchSense touch feedback into an existing or sample product. It licenses authoring tools that enable haptic designers and software developers to designs and incorporate custom touch feedback into their own applications. The Company's application programming interfaces (APIs) provide haptic-effect generation capability. This allows designers and software programmers to focus on adding haptic effects to their applications instead of struggling with the mechanics of programming real-time algorithms and handling communications between computers and devices.
Mobile Communications and Consumer Electronics
The Company offer both TouchSense solutions and patent licenses to OEMs in the mobile device and consumer electronics markets. In addition, its integrated circuit partners preload their integrated circuits with its TouchSense solutions and offer these integrated circuits to OEMs in the mobile device market. Its licensees include makers of mobile phones by volume in the world: Samsung, Motorola, LG Electronics, Fujitsu, NEC, Pantech Co., Ltd., and Toshiba, as well as integrated circuit manufacturers such as Texas Instruments and Atmel.
Gaming Devices
The Company has licensed its TouchSense intellectual property to Microsoft Corporation for use in its gaming products and to Sony Computer Entertainment Inc. for use in its legacy and current PlayStation console gaming products. The Company has also licensed its TouchSense intellectual property to over a dozen gaming peripheral manufacturers and distributors, including Logitech and Mad Catz, Inc., to bring haptic technology to PC platforms, including Microsoft Windows operating systems, as well as to video game consoles. In the video game console peripheral market, the Company has licensed its intellectual property for use in hundreds of spinning mass tactile feedback devices and force feedback devices, such as steering wheels and joysticks to various manufacturers, including: Bensussen Deutsch & Associates Inc., Datel Design & Inc., dreamGear LLC, Logitech Inc., Mad Catz, Inc., Microsoft Corporation, Performance Designed Products (formerly Electro Source LLC) , Razer PTE Ltd, and Sony. These products are designed to work with one or more video game consoles including the Xbox and Xbox 360 from Microsoft; the PlayStation, PlayStation 2, and PlayStation 3 from Sony; and the N64, GameCube, and Wii from Nintendo. The Company's products sold to consumers using Immersion technology include PC joysticks, steering wheels, and gamepads from various licensees.
Automotive
The Company offer both TouchSense solutions and patent licenses to automotive component suppliers. The Company’s licensees include: ALPS Electric Co., Ltd, Methode Electronics, Inc., Visteon, SMK Corporation, and Panasonic Corp.
Medical
The Company has a single remaining medical simulation product line, the Virtual IV system, which simulates needle-based procedures, such as intravenous catheterization and phlebotomy. In December 2012, it signed a licensing agreement for this product line with Laerdal Medical A/S. The Company licensees include: MAKO Surgical Corp., SOFAR S.P.A., and Laerdal Medical A/S.
Company Address
Immersion Corp
30 Rio Robles
SAN JOSE CA 95134
P: +1408.4671900
F: +1408.4671901
Company Web Links
| Name | Compensation |
|---|---|
Jack Saltich |
-- |
Victor Viegas |
941,925 |
Paul Norris |
-- |
Dennis Sheehan |
-- |
Anne DeGheest |
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