Immersion Corporation: Business Overview, Financials & Competitive Analysis
Immersion Corporation scores 5/10 on the AskCyborg Cyborg Score (Mixed). Strong core haptics IP licensing business with transformational BNED acquisition, but regulatory/compliance challenges and holding company structure complexity create near-term headwinds. In fiscal year 2024, Immersion's revenue was $137.35 million with earnings of $53.33 million, showing strong growth. However, the company faces Nasdaq non-compliance issues due to unfiled quarterly and.
What is Immersion Corporation's industry? Immersion Corporation (immersion.com) operates in Haptic Technology / IP Licensing & Education Services. AskCyborg classifies Immersion Corporation under Haptic Technology / IP Licensing & Education Services in its company registry.
Immersion Corporation engages in the business of intellectual property that engages users' sense of touch when operating digital devices in North America, Europe, and Asia. The company accelerates and scales haptic ex...
Cyborg Score thesis
Strong core haptics IP licensing business with transformational BNED acquisition, but regulatory/compliance challenges and...
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Pro stress-test →Immersion Corporation engages in the business of intellectual property that engages users' sense of touch when operating digital devices in North America, Europe, and Asia. The company accelerates and scales haptic experiences by providing haptic technology for mobile, automotive, gaming, and consumer electronics.
Strategic Profile
Pro stress-test →By 2014, the company had amassed over 1,650 issued or pending patents worldwide related to haptic technology. In June 2024, the company acquired a controlling interest in Barnes & Noble Education, a contract operator of physical and virtual bookstores for college and university campuses and K-12 institutions, and a textbook wholesaler and inventory management hardware and software provider. The core business model centers on patent licensing and technology integration.
Competitive Landscape
Pro stress-test →Immersion has successfully licensed technology to major players including Apple, Nintendo, and Meta, while also pursuing litigation against competitors including Valve for patent infringement. The company operates in the growing haptics ecosystem where it competes as both a licensor and an IP rights holder against consolidated technology companies integrating haptic capabilities in-house.
Industry Context
Immersion Corporation operates in Haptic Technology / IP Licensing & Education Services.
Key facts
Founded: 1993 · Headquarters: Aventura, Florida, US · Revenue: $474.8M (Q3 FY2025)