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Immersion Corporation
Immersion Corporation is an Aventura, Florida based developer and licensor of touch feedback technology, also known as haptic technology. Immersion Corporation has been accused of being a patent troll. Founded in 1993 by Louis Barry Rosenberg (scientist), Louis Rosenberg, it is currently headed by lawyer Francis Jose, who serves as both chief executive officer and general counsel. History * In 1993, Immersion was founded by Louis Barry Rosenberg (scientist), Louis Rosenberg, who served as its chief executive officer until 2000. * In 1997, Immersion worked with Microsoft to integrate their Immersion's TouchSense technology into Microsoft's DirectInput API for DirectX 5.0. Microsoft and Immersion continued to work together on DirectX 6 and 7, and signed an agreement in 1999 to share each other's "feel simulation technology". * In November 1999, the company went public. Shares were offered at $12.00. * In March 2000, Immersion acquired Haptic Technologies for $7 million, gaining th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
