On Friday, B. Riley analyst Josh Nichols came out with a positive analysis associated to the just issued U.S. International Trade Commission Markman Ruling related to Immersion's (NASDAQ:IMMR) patent infringement case against Apple (NASDAQ:AAPL).
Here's Benzinga commentary about the report:
"Our read of the Markman is this is a solid victory for IMMR, with the court's construction closely mirroring plaintiff's (IMMR's) proposed construction in 10 of the 16 disputed terms (including: 'pressure,' 'stored haptic effect,' 'digitized streamed envelope construct,' 'haptic effect data' etc.), with three terms appearing mixed, and the remaining three constructions aligning more closely with AAPL's interpretation," the analysts noted.
"Additionally, in our view, two of the three mixed determinations are closer to IMMR's proposed constructions than AAPL's."
Here's how thefly is reporting the news:
The favorable ruling "hardens certain critical claims," putting some additional pressure on Apple, Nichols tells investors.
In other news, Immersion has a new, interesting page on its web site related to GDC17:
A new rumble in gaming - VR and Gaming design is about to change. Learn how at an exclusive GDC reception.
Disclosure: I am/we are long IMMR.