SAN FRANCISCO–(BUSINESS WIRE)–Immersion Corporation (NASDAQ: IMMR), the leading licensor of haptic technologies, and Nissha, a global supplier of touch sensors, decorative films and molded parts, announced a partnership to integrate Immersion’s haptic technology in automotive interface solutions. Under this agreement, Immersion will license its Active Sensing™ technology and patents to Nissha.
“Nissha is excited to develop haptic interface solutions for the automotive market,” said Kazuhiro Nishikawa, vice president and senior manager of Nissha’s Mobility business unit. “Our partnership with Immersion gives us access to their cutting-edge technology and designs.”
“More and more automakers are using haptics to innovate the user experience in new vehicle interface designs,” said John Griffin, vice president of product and marketing, Immersion. “We are excited to work with Nissha to bring more solutions with our technology to the automotive market.”
Immersion’s automotive technology provides advanced control of haptic systems, creating programmable buttons that click, sliders with haptic feedback on every increase, and dials that turn like the real thing. Immersion technology is used throughout the automotive industry to power touchscreens, touchpads and related interfaces.
Immersion Corporation (NASDAQ:IMMR) is the leading innovator of tactile feedback technology, also known as haptics. The company invents, accelerates and evolves haptic experiences by providing technology solutions for mobile, automotive, gaming and consumer electronics. Haptic technology creates immersive and lifelike experiences that enhance digital interactions by engaging users’ sense of touch. Learn more about www.immersion.com.
Nissha Co., Ltd. (TSE: 7915) is a global company that develops a range of products and services that help solve social problems, focusing on the priority markets of medical devices, mobility, sustainable materials and computing devices. For the mobility market, leveraging its strength in both decorative and functional design, Nissha provides decorative films and molded indoor/outdoor products, functional components such as touch sensors and integrated modules decoration and function.
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Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are beyond our control. Actual results could differ materially from those projected in the forward-looking statements, so we caution you not to place undue reliance on these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those set forth in the forward-looking statements include, among others, the following: the effects of the global COVID-19 pandemic on the Company and its business, and on the activity of its suppliers and customers; unforeseen changes in the markets in which the Company operates; the effects of the current macroeconomic climate (particularly in light of the continuing negative effects of the global COVID-19 pandemic); delay or inability to achieve adoption or commercial demand for the Company’s products or third-party products incorporating the Company’s technologies; Immersion’s inability to renew existing license agreements or enter into new license agreements on favorable terms; the loss of a major customer; Immersion’s ability to protect and enforce its intellectual property rights and other factors.
For a more detailed discussion of these and other factors that could cause actual results to differ materially, interested parties should review the risk factors listed in Immersion’s Annual Report on Form 10-K for 2020 and its latest quarterly report on Form 10-Q that are filed with the United States Securities and Exchange Commission. All forward-looking statements made by us in this press release speak only as of the date of this press release, and Immersion does not intend to update such forward-looking statements after the date of this press release. press, except as required by law.
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