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Immersion Signs License Agreement with Motrex for Automotive Interfaces
Immersion To Report Q1 2023 Financial Results AVENTURA, Fla.--(BUSINESS WIRE)-- Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of
About this update from Immersion Corporation
[{"type":"text","content":"\nImmersion To Report Q1 2023 Financial Results\n\n\n AVENTURA, Fla.--(BUSINESS WIRE)--\nImmersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today announced that it has signed a multi-year license to Immersion’s technology with Motrex Co., Ltd., a manufacturer and developer of automotive solutions that provides in-car safety information, driving data and passenger entertainment, for use in Motrex’s automotive products.\n\n\n“We are very pleased to establish a partnership with Motrex,” said Eric Singer, Immersion’s President and CEO. “We look forward to working with Motrex to ensure that OEMs have easy access to our haptic technology.”\n\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 Motrex has signed a license with us for our haptic technology. We are proud to count Motrex among our licensees in the automotive market.”\n\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\n\nFirst Quarter 2023 Results\n\n\nImmersion will report financial results for the first quarter of 2023 on May 10, 2023.\n\n\nAbout Immersion\n\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\n\nForward-looking Statements\n\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,” “wil...