|By Business Wire||
|May 21, 2014 04:30 PM EDT||
Immersion Corporation (Nasdaq:IMMR), the leading developer and licensor of touch feedback technology, today announced that it has expanded its presence in China with the opening of an official business entity. Immersion (Shanghai) Science & Technology Company, Ltd., a wholly owned subsidiary in China, will enable the company to expand its sales and support for its growing customer base, broadens its engagement with the mobile ecosystem, and establishes a new technology center in the region.
Immersion (Shanghai) Science & Technology Company, Ltd. (Photo: Business Wire)
The Chinese market is continuing to grow in significance in the global mobile landscape. According to Hong Kong based research firm, Counterpoint, in China, six out of the 10 top smartphone vendors are domestic to China. In addition, approximately 40% out of the 1 billion mobile phone users in China use a smart phone. Immersion’s growing presence in the region is a result of the increasing demand from device manufacturers, developers and content providers for innovative technologies that will give them an advantage in the intense competition to create the best user experience. With Immersion’s technology, companies can create multi-dimensional mobile experience to enhance device user interfaces, social media and messaging communications, ads and entertainment, and mobile video with tactile effects.
“China is a key region for us. We believe that by building up our local presence and expanding our sales, support and development teams, we will be able to accelerate our business engagements with new customers, and continue our work with current ones, such as Xiaomi,” said Vic Viegas, CEO and president of Immersion Corporation. “China’s appetite for mobile technology and services has created a market full of innovative companies and fast adopters that are driven to satisfy the savvy consumer. In our work with companies throughout the ecosystem in China – OEMs, carriers, developers and content owners – we are seeing creative design and innovative use of haptics to build great user experiences and bring new value to consumers.”
As the regional technology center, Immersion (Shanghai) Science & Technology Company, Ltd., will focus on design and development of haptic user experiences. Supported by a suite of solutions including, TouchSense® software, SDKs, tools and intellectual property, Immersion enables the creation of high quality, power-efficient touch and motion feedback in devices and content. The business will work directly with China’s broad and innovative mobile ecosystem to deliver engaging tactile experiences to the region, and across the globe.
To lead Immersion’s efforts in China, the company has brought onboard a seasoned industry executive, Howard (Hongming) Li, as general manager of Immersion Greater China business. “The Chinese market is growing in depth, as well as breadth. Our goal is to help our customers create high-quality, well-designed mobile applications, devices and services that enable greater interactivity, and a more engaging and satisfying consumer experience overall,” stated Li. “With an office now established in Shanghai, we plan to grow our staff to address and work directly to meet our customer demands in the region.”
Through its work with the world’s leading consumer brands, Immersion has grown the adoption of haptic technology to over 1 Billion consumer devices, globally. Its technology is in use, today, across a range of markets, including mobile, gaming, medical devices, automotive interfaces and consumer appliances. To learn more about haptics and Immersion’s products and tools, visit www.immersion.com
About Immersion (www.immersion.com)
Founded in 1993, Immersion (NASDAQ: IMMR) is the leading innovator in haptics, or tactile effects; the company's touch feedback solutions deliver a more compelling sense of the digital world. Using Immersion's high-fidelity haptic systems, partners can transform user experiences with unique and customizable touch feedback effects; excite the senses in games, videos and music; restore "mechanical" feel by providing intuitive and unmistakable confirmation; improve safety by overcoming distractions while driving or performing a medical procedure; and expand usability when audio and visual feedback are ineffective. Immersion's TouchSense technology provides haptics in mobile phone, automotive, gaming, medical and consumer electronics products from world-class companies. With over 1,600 issued or pending patents in the U.S., China and other countries, Immersion helps bring the digital universe to life.
This press release contains "forward-looking statements" that involve risks and uncertainties, as well as assumptions that, if they never materialize or prove incorrect, could cause the results of Immersion Corporation and its consolidated subsidiaries to differ materially from those expressed or implied by such forward-looking statements.
All statements, other than the statements of historical fact, are statements that may be deemed forward-looking statements, including, but not limited to, statements that Immersion’s presence in China will enable Immersion to expand Immersion’s sales and support for its growing customer base and broaden Immersion’s engagement with the mobile ecosystem, statements regarding the benefits of Immersion’s technology, statements regarding Immersion’s belief that by building up local presence and expanding Immersion’s sales, support and development teams, Immersion will be able to accelerate its business engagements with new customers, and continue its work with current ones, such as Xiaomi, statements regarding Immersion’s beliefs relating to the China market, statements regarding Immersion’s plans with respect to the regional technology center in China, and statements regarding Immersion’s plans to grow its staff in China.
Immersion's actual results might differ materially from those stated or implied by such forward-looking statements due to risks and uncertainties associated with Immersion's business, which include, but are not limited to: unanticipated difficulties and challenges encountered in establishing and operating Immersion’s business entity in China, unanticipated difficulties and challenges in product development efforts by Immersion and its licensees in China; lack of market demand for Immersion’s technologies; unanticipated difficulties and challenges encountered in implementation efforts by Immersion’s licensees; adverse outcomes in any future intellectual property-related litigation and the costs related thereto; the effects of the current macroeconomic climate; delay in or failure to achieve commercial demand for Immersion's products or third party products incorporating Immersion's technologies; and a delay in or failure to achieve the acceptance of touch feedback as a critical user experience. Many of these risks and uncertainties are beyond the control of Immersion.
For a more detailed discussion of these factors, and other factors that could cause actual results to vary materially, interested parties should review the risk factors listed in Immersion's most current Form 10-Q, which is on file with the U.S. Securities and Exchange Commission. The forward-looking statements in this press release reflect Immersion's beliefs and predictions as of the date of this release. Immersion disclaims any obligation to update these forward-looking statements as a result of financial, business, or any other developments occurring after the date of this release.
The use of the word "partners" in this press release does not mean legal partners.
Immersion, the Immersion logo, and TouchSense are trademarks of Immersion Corporation in the United States and other countries. All other trademarks are the property of their respective owners.
(IMMR - C)
- Mainstream Business Applications and In-Memory Databases
- IoT: I Don't Care How Big It Is!
- In 2014 Big Data Investments Will Account for Nearly $30 Billion - Eventually Accounting for $76 Billion by 2020 End
- Apple iOS and the Enterprise - Latest Developments
- Power Panel: IoT Poineers Discuss Internet Of Things
- Rackspace Positioned in the Leaders Quadrant of Gartner's Magic Quadrant for Cloud-Enabled Managed Hosting in Both North America and Europe
- "Cloud Computing 2.0" -- I'm Serious
- AppDynamics Closes $120 Million in Growth Financing to Accelerate Platform and Sales Expansion
- Microsoft Surface Pro 3 Review
- Understanding Application Performance on the Network | Part 1
- Understanding Application Performance on the Network | Part 3
- @ThingsExpo Debuts Internet Of Things Newsletter
- Mainstream Business Applications and In-Memory Databases
- The Odd Couple: Marrying Agile and Waterfall
- Findly Enhances Recruiting Efficiency With New Single Sign-on Portal
- The Butterfly Effect Within IT
- Zuora Caps Record Breaking Subscribed 2014 with the 63rd Release of the Award Winning Z-Business Platform
- The Agile PMO
- Flexera Software Increases Commitment to Europe with Germany-based Datacenter to Host FlexNet Manager Suite Cloud for European Customers
- IoT: I Don't Care How Big It Is!
- Complete Surface Pro 3 Review - 3 days later
- CORRECTING and REPLACING Android and the Open Automotive Alliance Shift into the Next Gear
- How to Monitor Swift/iOS8 Applications for Crashes and Performance Issues
- More on OnLive: New Cloud Solution Delivers Secure Cross-Platform Deployment for Graphics Intensive Applications
- Building a Drag-and-Drop Shopping Cart with AJAX
- What Is AJAX?
- Google Maps! AJAX-Style Web Development Using ASP.NET
- Where Are RIA Technologies Headed in 2008?
- Dolphin Announces Open API With Over 50 Add-ons Including Dropbox and Wikipedia
- How and Why AJAX, Not Java, Became the Favored Technology for Rich Internet Applications
- Flashback to January 2006: Exclusive SYS-CON.TV Interviews on "OpenAjax Alliance" Announcement
- "Real-World AJAX" One-Day Seminar Arrives in Silicon Valley
- AJAXWorld Conference & Expo to Take Place October 2-4, 2006, at the Santa Clara Convention Center, California
- AJAX Sponsor Webcasts Are Now Available at AJAXWorld Website
- AJAXWorld University Announces AJAX Developer Bootcamp
- i-Technology 2008 Predictions: Where's RIAs, AJAX, SOA and Virtualization Headed in 2008?
SYS-CON Events announced today that Cloudian, Inc., the leading provider of hybrid cloud storage solutions, has been named “Bronze Sponsor” of SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Cloudian is a Foster City, Calif.-based software company specializing in cloud storage. Cloudian HyperStore® is an S3-compatible cloud object storage platform that enables service providers and enterprises to build reliable, affordable and scalable hybrid cloud storage solutions. Cloudian actively partners with leading cloud computing environments including Amazon Web Services, Citrix Cloud Platform, Apache CloudStack, OpenStack and the vast ecosystem of S3 compatible tools and applications. Cloudian's customers include Vodafone, Nextel, NTT, Nifty, and LunaCloud. The company has additional offices in China and Japan.
Sep. 2, 2014 09:45 PM EDT Reads: 2,401
The consumption economy is here and so are cloud applications and solutions that offer more than subscription and flat fee models and at the same time are available on a pure consumption model, which not only reduces IT spend but also lowers infrastructure costs, and offers ease of use and availability. In their session at 15th Cloud Expo, Ermanno Bonifazi, CEO & Founder of Solgenia, and Ian Khan, Global Strategic Positioning & Brand Manager at Solgenia, will discuss this shifting dynamic with an example of a top European Telco provider. Find out how they are leveraging the power of acloud-based consumption model services to offer more value to the mass market and enable a new revenue model that embraces the true meaning of the Third Industrial Revolution.
Sep. 2, 2014 09:45 PM EDT Reads: 769
The emergence of cloud computing and Big Data warrants a greater role for the PMO to successfully manage enterprise transformation driven by these powerful trends. As the adoption of cloud-based services continues to grow, a governance model is needed to orchestrate enterprise cloud implementations and harness the power of Big Data analytics. In his session at 15th Cloud Expo, Mahesh Singh, President of BigData, Inc., to discuss how the Enterprise PMO takes center stage not only in developing the appropriate governance model but also in collaborating with key stakeholders to ensure a successful transformation.
Sep. 2, 2014 09:45 PM EDT Reads: 859
SYS-CON Events announced today that TechXtend (formerly Programmer’s Paradise), a leading value-added provider of server and storage virtualization, and r-evolution will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. TechXtend (formerly Programmer’s Paradise) is a leading value-added provider of software, systems and solutions for corporations, government organizations, and academic institutions across the United States and Canada. TechXtend is the Exclusive Reseller in the United States for r-evolution
Sep. 2, 2014 09:30 PM EDT Reads: 1,975
Every healthy ecosystem is diverse. This is especially true in cloud ecosystems, where portability and interoperability are more important than old enterprise models of proprietary ownership. In his session at 15th Cloud Expo, Mark Baker, Server Product Manager at Canonical/Ubuntu, will discuss how single vendors used to take the lead in creating and delivering technology, but in a cloud economy, where users want tools of their preference, when and where they need them, it makes no sense.
Sep. 2, 2014 09:00 PM EDT Reads: 1,859
In today's application economy, enterprise organizations realize that it's their applications that are the heart and soul of their business. If their application users have a bad experience, their revenue and reputation are at stake. In his session at 15th Cloud Expo, Anand Akela, Senior Director of Product Marketing for Application Performance Management at CA Technologies, will discuss how a user-centric Application Performance Management solution can help inspire your users with every application transaction.
Sep. 2, 2014 04:30 PM EDT Reads: 877
Come learn about what you need to consider when moving your data to the cloud. In her session at 15th Cloud Expo, Skyla Loomis, a Program Director of Cloudant Development at Cloudant, will discuss the security, performance, and operational implications of keeping your data on premise, moving it to the cloud, or taking a hybrid approach. She will use real customer examples to illustrate the tradeoffs, key decision points, and how to be successful with a cloud or hybrid cloud solution.
Sep. 2, 2014 04:00 PM EDT Reads: 771
Cloud computing started a technology revolution; now DevOps is driving that revolution forward. By enabling new approaches to service delivery, cloud and DevOps together are delivering even greater speed, agility, and efficiency. No wonder leading innovators are adopting DevOps and cloud together! In his session at DevOps Summit, Andi Mann, Vice President of Strategic Solutions at CA Technologies, will explore the synergies in these two approaches, with practical tips, techniques, research data, war stories, case studies, and recommendations.
Sep. 2, 2014 02:30 PM EDT Reads: 2,798
The 16th International Cloud Expo announces that its Call for Papers is now open. 16th International Cloud Expo, to be held June 9–11, 2015, at the Javits Center in New York City brings together Cloud Computing, APM, APIs, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal today!
Sep. 1, 2014 05:45 PM EDT Reads: 1,519
14th International Cloud Expo, held on June 10–12, 2014 at the Javits Center in New York City, featured three content-packed days with a rich array of sessions about the business and technical value of cloud computing, Internet of Things, Big Data, and DevOps led by exceptional speakers from every sector of the IT ecosystem. The Cloud Expo series is the fastest-growing Enterprise IT event in the past 10 years, devoted to every aspect of delivering massively scalable enterprise IT as a service.
Aug. 29, 2014 11:00 PM EDT Reads: 2,250
Hardware will never be more valuable than on the day it hits your loading dock. Each day new servers are not deployed to production the business is losing money. While Moore’s Law is typically cited to explain the exponential density growth of chips, a critical consequence of this is rapid depreciation of servers. The hardware for clustered systems (e.g., Hadoop, OpenStack) tends to be significant capital expenses. In his session at 15th Cloud Expo, Mason Katz, CTO and co-founder of StackIQ, to discuss how infrastructure teams should be aware of the capitalization and depreciation model of these expenses to fully understand when and where automation is critical.
Aug. 27, 2014 02:30 PM EDT Reads: 2,010
Over the last few years the healthcare ecosystem has revolved around innovations in Electronic Health Record (HER) based systems. This evolution has helped us achieve much desired interoperability. Now the focus is shifting to other equally important aspects – scalability and performance. While applying cloud computing environments to the EHR systems, a special consideration needs to be given to the cloud enablement of Veterans Health Information Systems and Technology Architecture (VistA), i.e., the largest single medical system in the United States.
Aug. 26, 2014 12:00 PM EDT Reads: 2,466
In his session at 15th Cloud Expo, Mark Hinkle, Senior Director, Open Source Solutions at Citrix Systems Inc., will provide overview of the open source software that can be used to deploy and manage a cloud computing environment. He will include information on storage, networking(e.g., OpenDaylight) and compute virtualization (Xen, KVM, LXC) and the orchestration(Apache CloudStack, OpenStack) of the three to build their own cloud services. Speaker Bio: Mark Hinkle is the Senior Director, Open Source Solutions, at Citrix Systems Inc. He joined Citrix as a result of their July 2011 acquisition of Cloud.com where he was their Vice President of Community. He is currently responsible for Citrix open source efforts around the open source cloud computing platform, Apache CloudStack and the Xen Hypervisor. Previously he was the VP of Community at Zenoss Inc., a producer of the open source application, server, and network management software, where he grew the Zenoss Core project to over 10...
Aug. 25, 2014 07:00 PM EDT Reads: 2,468
Most of today’s hardware manufacturers are building servers with at least one SATA Port, but not every systems engineer utilizes them. This is considered a loss in the game of maximizing potential storage space in a fixed unit. The SATADOM Series was created by Innodisk as a high-performance, small form factor boot drive with low power consumption to be plugged into the unused SATA port on your server board as an alternative to hard drive or USB boot-up. Built for 1U systems, this powerful device is smaller than a one dollar coin, and frees up otherwise dead space on your motherboard. To meet the requirements of tomorrow’s cloud hardware, Innodisk invested internal R&D resources to develop our SATA III series of products. The SATA III SATADOM boasts 500/180MBs R/W Speeds respectively, or double R/W Speed of SATA II products.
Aug. 25, 2014 06:00 PM EDT Reads: 7,443
As more applications and services move "to the cloud" (public or on-premise) cloud environments are increasingly adopting and building out traditional enterprise features. This in turn is enabling and encouraging cloud adoption from enterprise users. In many ways the definition is blurring as features like continuous operation, geo-distribution or on-demand capacity become the norm. NuoDB is involved in both building enterprise software and using enterprise cloud capabilities. In his session at 15th Cloud Expo, Seth Proctor, CTO at NuoDB, Inc., will discuss the experiences from building, deploying and using enterprise services and suggest some ways to approach moving enterprise applications into a cloud model.
Aug. 20, 2014 06:45 PM EDT Reads: 2,465