Immersion Enters into Multi-Year Licensing Agreement with Grayhill
January 12, 2017 11:51 AM
SAN JOSE, Calif. & LA GRANGE, Ill.--(BUSINESS WIRE)-- Immersion Corporation (NASDAQ:IMMR), the leading developer and licensor of touch feedback technology, today announced that it has signed a patent license agreement with Grayhill, Inc., a designer and manufacturer of a broad line of intuitive human interface components and custom solutions.
The new agreement provides Grayhill with access to Immersion's portfolio of over 2,300 haptic patents and applications for use in touchscreens, touchpads, and touch-enabled user interface panels.
“We are thrilled to have the substantial commitment of a major supplier of human interface solutions, “ said Mike Davis, Vice President of Intellectual Property Licensing and Business Development.
“Immersion’s haptic technology has transformed the user experience in mobile, gaming, automotive and medical industries, and we are excited to have Grayhill bring our technology to medical, off-highway and a variety of other industrial applications.”
Brian May, President of Grayhill added “Our agreement with Immersion re-enforces our belief that haptic feedback is vital to an intuitive user interface. The ability to tune the haptic feedback to each user’s preference using software will also enhance the user experience and provide our customers with important product differentiators.”
Immersion Corporation (NASDAQ: IMMR) is the leading innovator of touch feedback technology, also known as haptics. The company provides technology solutions for creating immersive and realistic experiences that enhance digital interactions by engaging users' sense of touch. With more than 2,300 issued or pending patents, Immersion's technology has been adopted in more than 3 billion digital devices, and provides haptics in mobile, automotive, advertising, gaming, medical and consumer electronics products. Immersion is headquartered in San Jose, California with offices worldwide. Learn more at www.immersion.com.
Grayhill, Inc. is a privately held firm which designs and manufactures intuitive human interface solutions that make life simpler, safer and more efficient. Standard products include optical and hall effect encoders, discrete and hall effect joysticks, rotary switches, keypads, and pushbuttons; all with finely tuned haptics. Grayhill specializes in creating ergonomic panels and product shells that integrate various interface technologies, including displays, our components, and gesture recognizing multi-touch technology. With headquarters in La Grange, Illinois, and multiple state-of-the-art facilities around the world, Grayhill’s team has the full engineering, product development and manufacturing expertise to deliver both standard and customized products quickly and cost-effectively. To learn more, please visit us at www.grayhill.com.