Friday, March 2, 2012

Immersion asserting its patent portfolio, says Craig-Hallum

from theflyonthewall:

>>Craig-Hallum said Immersion (IMMR) is aggressively asserting its IP with the recent ITC action and lawsuit against Motorola Mobility (MSI). The firm believes this is the right move and hope to see more defendants added to the complaint soon. The analyst believes Immersion's technology is very relevent and that the patent portfolio is significant, and that share could see substantial upside if it settles with Motorola. Shares are Buy rated with a $9 price target.

No comments: