Immersion launches IPO on Alternext and becomes the first 2016 quotation of the place of Paris.

Immersion, European leader and major international player of virtual reality, has successfully enclosed a 2,53 M€ private investment.

This initial public offering is the first quotation of 2016 of the place of Paris.After 22 years, Immersion is going public on the Alternext Paris market with a fundraiser of 2,53 M€ helping its development. So Immersion wants to confirm its leadership by democratizing its offers to reach new markets. That’s why the company is maintaining its efforts in R&D and innovation, growing its staff (around 60 employees by the end of 2016) and raising its profile.

Priority will be given to structure the company, to perpetuate its historic activity and to develop Shariiing, the universal collaborative platform, in order to link the virtual reality systems, meeting rooms and staffs, apart the world.

The investors were seduced by its unique strategic position : between virtual reality, collaboration and decision-making helping.

Christophe Chartier, Immersion CEO, says : “I want to thank all of our new shareholders for their trust. This operation, our first IPO in the company, provides us the means to accelerate our development and assure us in our technologic advance. Besides the quotation offers to Immersion an important success enhancer for the conquest of new customers, plus the big accounts which make up the faithful clientele of Immersion. I also wish to thank all the collaborators for their work and their implication everyday.”

On June 30th, 2015, Immersion generated a turnover of 9,1 M€, among which 9 % in the export and works today with 45 collaborators. 

For more information, read the press release