Immersion (IMMR) Reports Litigation Settlement, Including Patent and Technology License Agreement
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Immersion Corporation Announces Litigation Settlement, Including Patent and Technology License Agreement
May 13, 2019 4:13 PM EDTSAN JOSE, Calif.--(BUSINESS WIRE)-- Immersion Corporation (NASDAQ: IMMR), the leading developer and licensor of touch feedback technology, today announced that it agreed to enter into a settlement and license agreement with Samsung Electronics Co., Ltd., resolving the global patent infringement litigation brought by Immersion against Samsung.
We are delighted to have resolved this litigation and to grant Samsung a license for our patents and advanced haptic technologies, said Ramzi Haidamus, president and chief executive officer of Immersion. We are excited to start a new chapter in our partnership with Samsung aimed at... More
