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Immersion Expands License Agreement with Nippon Seiki for Automotive Interfaces
Immersion renews Nippon Seiki to multi-year license AVENTURA, Fla.--(BUSINESS WIRE)-- Immersion Corporation (NASDAQ: IMMR), a leading developer and provider
About this update from Immersion Corporation
[{"type":"text","content":"\nImmersion renews Nippon Seiki to multi-year license\n\n AVENTURA, Fla.--(BUSINESS WIRE)--\nImmersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today announced that it renewed a multi-year license to Immersion’s technology with Nippon Seiki Co., Ltd., a global supplier of control panels for home, office and factory appliances, for use in Nippon Seiki’s line of printer and copier products, and has expanded its license with Immersion to cover Nippon Seiki’s automotive products.\n\n“We are increasingly seeing more new car models adopting haptics across various interfaces throughout the cabin,” said Nobumitsu Shimada, Representative Director, Japan and VP, APAC, Immersion. “We are pleased that Nippon Seiki has renewed its license with us and expanded its license of our patented technology to the automotive market. We are proud to count Nippon Seiki among our licensees in the automotive market.”\n\nImmersion’s high-quality touch feedback technology enhances in-vehicle interfaces and applications. Increasingly, haptics is being designed into automotive applications as more and more vehicles incorporate high-quality tactile effects for operations such as infotainment, navigation and climate control.\n\nThird Quarter 2022 Results\n\nImmersion will report financial results for the third quarter of 2022 on Monday, November 14, 2022.\n\nAbout Immersion\n\nImmersion Corporation (NASDAQ: IMMR) is a leading innovator of touch feedback technology, also known as haptics. The company invents, accelerates, and scales haptic experiences by providing technology solutions for mobile, automotive, gaming, and consumer electronics. Haptic technology creates immersive and realistic experiences that enhance digital interactions by engaging users' sense of touch. Learn more at www.immersion.com.\n\nForward-looking Statements\n\nThis press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements involve risks and uncertainties. Forward-looking statements are identified by words such as “anticipates,” “believes,” “expects,” “intends,” “may,” “can,” “will,” “places,” “estimates,” and other similar expressions. However, these words are not the only wa...