Immersion Corporation

Immersion Corporation, incorporated in California in 1993 and reincorporated in Delaware in 1999, is a premier licensing company specializing in haptic technologies. These technologies enable users to engage with products and experience the digital world through their sense of touch. Immersion is a leading expert in haptics, providing world-class intellectual property and technology through licensing to create products that deliver high-quality haptic experiences, facilitate their widespread distribution, and optimize their playback. The company's primary business operates in the mobility, gaming, and automotive markets, with opportunities in new markets such as virtual and augmented reality and wearables. Immersion's business model involves offering licenses that allow customers to integrate its patented technology into their products. These licenses enable customers to deploy haptically enabled devices, content, and other offerings, typically sold under their own brand names. As of April 30, 2026, Immersion and its wholly-owned subsidiaries hold just under 300 issued or pending patents worldwide. These patents cover a broad spectrum of digital technologies and methods for incorporating touch-related technology into and between hardware products and components, systems software, application software, and digital content. In June 2024, Immersion acquired a controlling interest in Barnes & Noble Education, Inc., a Delaware corporation. Since the acquisition date of June 10, 2024, the financial results of Barnes & Noble Education have been included in Immersion's consolidated financial statements. Following this acquisition, Immersion operates its business in two segments: Immersion and Barnes & Noble Education.