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TheStreet Open House

Immersion Names Paul Norris As Chief Financial Officer

Stocks in this article: IMMR

Immersion Corporation (Nasdaq:IMMR), a leading developer and licensor of touch feedback technology, announced today the appointment of Paul Norris as Chief Financial Officer, effective May 14, 2012.

Norris was Executive Vice President, Chief Financial Officer and General Counsel of Sonic Solutions, a publicly-traded digital media company which licensed software products and entertainment solutions. During his tenure at Sonic Solutions, Norris managed global financial operations, legal strategy, domestic and international merger and acquisition transitions, and Sonic Solution’s eventual sale in 2011 to Rovi Corporation, a publicly-traded digital entertainment technology solutions and IP licensing company. Subsequent to the sale of Sonic Solutions, Norris served as an Executive Advisor to Rovi, assisting with acquisition integration activities, and as a partner at Accanto Partners, LLC, an investment fund focusing on technology and digital media companies. Prior to joining Sonic, he was also a founding partner of Steiner Norris PLLC, a Seattle-based law firm focused on advising technology companies. A veteran of the technology industry, Norris holds a Bachelor’s degree from Yale University and a Law degree from Harvard Law School.

Victor Viegas, President and CEO, commented, “Paul’s in-depth background with licensing and IP-oriented digital media technology companies is a natural fit for Immersion and makes him uniquely positioned to lead our finance team and support our sales and legal functions while further broadening our talented executive team. His financial expertise combined with his experience in executing corporate strategies will be critical, as we look to grow our licensing business worldwide while protecting our intellectual property and the interests of our shareholders.”

Remarking on Immersion, Mr. Norris stated, “It’s a privilege to be joining Immersion during this important period in the company’s development. Immersion is an innovative company and offers an exceptional portfolio of solutions and technologies for markets that are only beginning to realize the power of haptics for touch-driven user interfaces.”

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