Immersion Corporation Announces Patent License with Hip Interactive

Strategic Insights -

San Jose, California-based Immersion Corporation, a leading developer and licensor of touch feedback technology, has announced a patent license with Hip Interactive. The license includes rights for advanced vibro-tactile, spinning mass, gaming technologies under the Immersion Feel The Game TouchSense Technology logo. Hip Interactive's video game peripherals, such as the XB-Comm 2.4 GHz wireless controller with headset featuring Bluetooth wireless technology, will now bear the Immersion logo.

Hip Interactive, a leading provider of electronic entertainment products, has a strong presence in Canada, the United States, and Europe. The company distributes first-party products from major hardware and software companies, including SCEA, Microsoft, and Nintendo. The license with Immersion is expected to expand the benefits of TouchSense technology to a global audience.

According to Arindra Singh, president and CEO of Hip Interactive, the leadership strategy for the company is based on delivering high-quality, value-priced video game accessories. Immersion's TouchSense technology is an important part of this strategy, providing a significant differentiator in the market.

Key Takeaways:

  • Immersion Corporation, a leading developer and licensor of touch feedback technology, has announced a patent license with Hip Interactive for advanced vibro-tactile, spinning mass, gaming technologies.
  • Hip Interactive's video game peripherals, including the XB-Comm 2.4 GHz wireless controller with headset featuring Bluetooth wireless technology, will bear the Immersion Feel The Game TouchSense Technology logo.
  • The license is expected to expand the benefits of TouchSense technology to a global audience, with Hip Interactive's strong presence in Canada, the United States, and Europe.
  • Arindra Singh, president and CEO of Hip Interactive, stated that Immersion's TouchSense technology is an important part of the company's leadership strategy.
  • Immersion Corporation was founded in 1993 and holds over 270 issued patents worldwide.
  • The company provides touch feedback technology in various markets, including 3D simulation, automotive, entertainment, medical training, mobility, and personal computing.

Statistics:

  • Hip Interactive has a strong presence in Canada, the United States, and Europe, with distribution channels for first-party products from major hardware and software companies.
  • The company distributes over 100 different products, including PC and video games, movies, video arcade games, and proprietary games.
  • Immersion Corporation has licensed over 270 patents worldwide.
  • Immersion's TouchSense technology is used in over 10 different markets, including gaming, automotive, and medical training.

Sources:

  • Immersion Corporation (www.immersion.com)
  • Hip Interactive (www.hipinteractive.com)
  • Immersion Corporation Press Release, dated [undisclosed]