Brief: Immersion Signs Lg Electronics To A Multi-Year Renewal License For Touchsense Software

Immersion

29/09/2020 14:47

Sept 29 (Reuters) - LG Electronics Inc  066570.KS :
    * IMMERSION SIGNS LG ELECTRONICS TO A MULTI-YEAR RENEWAL
LICENSE
FOR TOUCHSENSE® SOFTWARE
    * IMMERSION CORP - TERMS OF DEAL BETWEEN IMMERSION AND LG
ELECTRONICS ARE CONFIDENTIAL
    * IMMERSION CORP - LICENSE AGREEMENT FALLS IN LINE WITH
IMMERSION'S PER-UNIT ROYALTY MODEL, QUARTERLY PAYMENTS, AND
REVENUE RECOGNITION

Source text for Eikon:  ID:nBw1x6f8Ca 
Further company coverage:  066570.KS 

 ((Reuters.Briefs@thomsonreuters.com;))