Bulletin
Investor Alert

New York Markets Close in:

Market Pulse Archives

Jan. 29, 2018, 6:51 a.m. EST

Immersion settles with Apple, reaches license agreements

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Immersion Corp. (IMMR)
  • X
    Apple Inc. (AAPL)
  • X
    S&P 500 Index (SPX)

or Cancel Already have a watchlist? Log In

By Tomi Kilgore

Immersion Corp. /zigman2/quotes/209597623/composite IMMR +0.16% said Monday it has entered into settlement and license deals with Apple Inc. /zigman2/quotes/202934861/composite AAPL -1.28% . Immersion, which develops touch feedback technology, had filed patent infringement lawsuits against Apple for technology used in iPhones and the trackpads used in MacBooks. Immersion said the terms of the agreements reached with Apple are confidential. The stock, which was still inactive in premarket trade, has tumbled 30% over the past 12 months, while the S&P 500 /zigman2/quotes/210599714/realtime SPX -0.44% has gained 25%.

/zigman2/quotes/209597623/composite
US : U.S.: Nasdaq
$ 6.31
+0.0100 +0.16%
Volume: 70,422
July 16, 2020 2:06p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$175.51 million
Rev. per Employee
$1.73M
loading...
/zigman2/quotes/202934861/composite
US : U.S.: Nasdaq
$ 385.90
-5.00 -1.28%
Volume: 18.77M
July 16, 2020 2:08p
P/E Ratio
30.22
Dividend Yield
0.85%
Market Cap
$1694.29 billion
Rev. per Employee
$1.98M
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
3,212.29
-14.27 -0.44%
Volume: 1.37B
July 16, 2020 2:08p
loading...

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.