Immersion is best known for developing haptics technologies that are used in everything from mobile phones to game controllers: if your phone has ever vibrated or your controller ever rumbled, the odds are that you have Immersion to thank for it. However, the company is backing away from a technology that some were hoping would eventually make its way into mainstream applications: the CyberGlove. Immersion has announced it is selling its CyberGlove business to the private equity firm Shackleton Advisors. The company did not disclose financial terms of the sale, but noted the move is part of a strategic decision to focus on its medical and touch lines of business.
Tag Archive: Faisal Yazadi
Immersion Loses Its Grip on CyberGlove
- By: Geoff Duncan •
- Published: March 23, 2009 •
- Comments: Comments
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