Immersion (IMMR +3.8%) catches a bid after announcing it has expanded its haptic feedback...

|About: Immersion Corporation (IMMR)|By:, SA News Editor

Immersion (IMMR +3.8%) catches a bid after announcing it has expanded its haptic feedback technology licensing deal with LG Electronics to include basic haptic effects. LG already licenses Immersion's TouchSense tech, which covers more complex haptic effects. The expanded deal indicates Immersion's efforts to assert its basic haptics IP are paying off - shares took off in November after the company reached a basic haptics settlement with Motorola Mobility.