Immersion Corporation (IMMR)
Immersion Corporation operates in the Software - Application industry of the Technology sector, headquartered in Aventura, FL, US. The stock last traded at $7.40, down 1.07% on the session, giving a market capitalisation of $245.6M. On trailing twelve-month figures it carries a trailing P/E of 52.86, a net margin of 0.3%. Its beta of 1.00 implies it has historically moved less than the broad market.
Immersion Corporation, through its affiliated entities, specializes in the innovation, development, and licensing of haptic technologies. These advancements enable individuals to engage with and perceive digital products via their sense of touch across markets in North America, Europe, and Asia. The company's commercial portfolio includes technology, patent, and bundled licensing agreements. Furthermore, Immersion provides comprehensive Software Development Kits (SDKs), which incorporate essential tools, integration software, and effect libraries designed to facilitate the creation, encoding, and playback of nuanced tactile feedback within digital content. Its additional services encompass reference designs, core reference technology, expert engineering and integration assistance, and tailored software and firmware solutions. The company's offerings find application in a wide array of sectors, such as mobile communications, wearable devices, consumer electronics, gaming, virtual reality (VR), and the automotive industry, among others. Established in 1993, Immersion Corporation's main corporate office is situated in Aventura, Florida.
Immersion Corporation is most often compared with the following Technology names: