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Immersion and LG Sign License Agreement for Tactile Effects

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SAN JOSE, Calif.--(BUSINESS WIRE)--Immersion Corporation (NASDAQ:IMMR), the leading developer and licensor of touch feedback technology, today announced that it has signed a new agreement with LG Electronics, Inc., one of the world’s largest providers of mobile devices. Reaffirming the ongoing relationship between the two companies, the new agreement is a multi-year worldwide license for Immersion’s TouchSense® software and Basic Haptics IP. “This agreement speaks to the importance of tactile feedback in how consumers interact with their digital devices,” said Dennis Sheehan, SVP of sales and marketing at Immersion. “Immersion technology offers a unique and compelling way to enhance the...

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