IMMERSION CORP

Immersion Corporation, incorporated in California in 1993 and reincorporated in Delaware in 1999, operates in two segments: Immersion and Barnes & Noble Education. In June 2024, Immersion acquired a controlling interest in Barnes & Noble Education, Inc., a Delaware corporation, and its financial results have been included in Immersion's consolidated financial statements since June 10, 2024. The Immersion segment is a licensing company focused on haptic technologies, which enable users to engage with products and experience the digital world through their sense of touch. Immersion licenses its patented technology to customers for integration into their products, which are typically sold under the customers' own brand names. The company's primary business is in the mobility, gaming, and automotive markets. As of April 30, 2025, Immersion and its wholly-owned subsidiaries hold just over 400 issued or pending patents worldwide, covering digital technologies and the incorporation of touch-related technology into hardware, software, and digital content.