Immersion, a Bordeaux SME, creator of 3D experiences since 1994 and a European leader in virtual reality for industry and research, is now listed on the stock market on Alternext, having raised €2.53 million in funds.
Immersion is a pioneer company in the virtual reality market, which has seen a huge expansion in the last 10 years and is set to reach $150 billion in 2020; the company designs and integrates high-end display and interaction systems, such as their universal collaboration platform Shariing.
A new strategic plan
For Immersion, moving into the stock market is an important step that confirms their position as a leader, enables them to redouble their efforts in R&D and Innovation, take on more staff and develop new markets.
With turnover of €9.1 million, of which 9% is from export, Immersion’s unique positioning has enabled it to attract some of the biggest names, including Airbus Group, Dassault Aviation, Thales Group, PSA Peugeot Citroën, Renault, Alstom Transport, CEA and INRIA.
To achieve a €29 million turnover by 2020, this Bordeaux company plans to continue developing Shariing, its universal collaboration platform, to connect virtual reality systems, meeting rooms and remote participants.
Hiring in 2016
Immersion currently has 45 employees, and will take on a further 13 in 2016. The exponential growth of turnover and staff numbers put the company in the Deloitte Technology “Fast 50” in 2014.
(Source: Press release, La Tribune Bordeaux and Usine Digitale 05/01/2016)