---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-013643"
form_type: "8-K"
ticker: "IMMR"
cik: "0001058811"
company_name: "IMMERSION CORP"
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T01:58:54.068674+00:00"
event_type: "litigation"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Immersion settles patent litigation with Meta; expects ~$17.5M after fees

## Summary
- Immersion signs Patent License and Settlement Agreement with Meta Platforms, resolving all outstanding litigation.
- Immersion expects to receive approximately $17,500,000 after deducting legal fees and other liabilities.
- License grants Meta non-exclusive use of Immersion's haptics patent portfolio for hardware, software, VR, and gaming products.
- Settlement includes dismissal of litigation and inter partes reviews of Immersion's patents.

## SEC filing metadata
- accession: 0001213900-24-013643
- form_type: 8-K
- ticker: IMMR
- cik: 0001058811
- company_name: IMMERSION CORP
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: litigation
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058811/000121390024013643/0001213900-24-013643-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058811/000121390024013643/immr-20240209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-013643
- JSON: https://secwatch.observer/filing/0001213900-24-013643.json
- Plain text: https://secwatch.observer/filing/0001213900-24-013643.txt

## Key facts
- Material Agreements
  IMMERSION CORP entered into License and Settlement Agreement with Meta Platforms, Inc. valued at $17,500,000 (effective 2024-02-09).
  - Action: entry
  - Agreement: settlement
  - Counterparty: Meta Platforms, Inc.
  - Value: $17,500,000
  - Effective: 2024-02-09
  source text: On February 9, 2024, Immersion entered into a Patent License and Settlement Agreement (the “License and Settlement Agreement”) with Meta, pursuant to which the parties have agreed to terms for resolving the Litigation and Meta will license, on a non-exclusive basis, Immersion’s patent portfolio for use in its products.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1058811/000121390024013643/0001213900-24-013643-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
