InterDigital and Razer Launch Haptic Excellence Center
Rhea-AI Summary
InterDigital (Nasdaq: IDCC) and Razer launched the Haptic Excellence Center on Feb 10, 2026, to accelerate haptics as a first-order media modality. The center will develop a haptic streaming platform, support haptic content creation, and partner with universities for research, education, and skills development.
It cites roughly 4.1 billion haptic-enabled consumer devices in use at end-2024 and projects 53% device penetration by 2028, aiming to address structural barriers that limit large-scale deployment of haptic-enhanced experiences.
Positive
- 4.1 billion haptic-enabled devices cited at end-2024, with 53% penetration projected by 2028
- Development of a dedicated haptic streaming platform for synchronized delivery alongside audio and video
- Partnerships with universities to advance education, research, and skills development in haptics
Negative
- Existing structural barriers currently limit scaling haptics as a mainstream media modality
News Market Reaction
On the day this news was published, IDCC declined 6.76%, reflecting a notable negative market reaction. Argus tracked a trough of -2.9% from its starting point during tracking. Our momentum scanner triggered 24 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $670M from the company's valuation, bringing the market cap to $9.25B at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
IDCC is up 1.49% while key software peers show mixed but mostly positive moves: CVLT +2.08%, SRAD +1.83%, OTEX +1.40%, DSGX +0.78%, and NICE slightly down -0.28%. No peers appeared in the momentum scanner, supporting this as a company-specific move tied to the haptics collaboration.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 05 | Earnings results | Positive | +9.9% | Reported 2025 near-record revenue and record net income with strong recurring base. |
| Jan 20 | Guidance outlook | Positive | +5.5% | Issued 2026 revenue, EBITDA and EPS outlook supported by new license agreements. |
| Jan 20 | License agreement | Positive | +5.5% | Signed new patent license with LG Electronics covering TVs and monitors technologies. |
| Jan 13 | Earnings date set | Neutral | +0.7% | Announced timing and access details for Q4 2025 results conference call and webcast. |
| Jan 07 | Conference presentation | Neutral | +0.1% | Planned presentation at Needham Growth Conference with webcast and replay for investors. |
Recent IDCC news, especially financially oriented items, has often been followed by positive price reactions, indicating a tendency for the stock to respond constructively to strong fundamentals and licensing wins.
Over the past months, InterDigital has reported robust fundamentals, with its Feb 5 earnings release highlighting near-record $834.0M 2025 revenue, record net income, and strong recurring revenue, driving a 9.93% next-day move. On Jan 20, 2026 guidance and a new outlook, plus a separate LG Electronics patent license announcement, each coincided with +5.54% reactions. Earlier, an earnings date notice and Needham conference appearance saw only small moves. Today’s haptics-focused collaboration adds a technology and ecosystem angle on top of that financial and licensing momentum.
Market Pulse Summary
The stock moved -6.8% in the session following this news. A negative reaction despite this strategic collaboration would contrast with recent history, where earnings and licensing news on Feb 5 and Jan 20 coincided with gains of +9.93% and +5.54%. The Razer partnership focuses on haptic streaming and immersive experiences, adding a long-term innovation angle rather than immediate financial impact. Existing insider net selling and a strong prior uptrend could amplify profit-taking if expectations had become elevated.
Key Terms
haptics technical
haptic streaming platform technical
synchronization technical
open haptics framework technical
AI-generated analysis. Not financial advice.
New collaboration contributes expertise and innovation to support education and exploration of haptics and immersive experiences
WILMINGTON, Del., Feb. 10, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a wireless, video, and AI technology research and development company, and Razer ™, the leading global lifestyle brand for gamers, announced the establishment of the Haptic Excellence Center. The collaborative venture establishes a center of excellence dedicated to foster the innovation, education, implementation, and promotion of haptic technology for enhanced media experiences.
Alongside audio and video, haptics is now a first order media type as digital devices equipped with haptic technology have become more ubiquitous. According to the Futuresource and InterDigital white paper “Haptics: The next modality in immersive entertainment,” there were roughly 4.1 billion haptic-enabled consumer devices in use at the end of 2024, and projections that
The Haptic Excellence Center addresses the structural barriers preventing haptics from scaling as a true media modality. It focuses on developing a dedicated haptic streaming platform that enables reliable creation, encoding, synchronization, and delivery of haptic data alongside audio and video. The Center drives innovation in haptic content by enabling experimentation beyond device-level feedback, while partnering with universities to advance education, research, and skills development. By unifying streaming infrastructure, content innovation, and academic collaboration, the initiative directly targets the technological gaps that currently limit deployment of immersive, haptic-enhanced experiences at scale.
“We’re proud to contribute our expertise to this endeavor alongside Razer,” said Rajesh Pankaj, CTO at InterDigital. “The Haptics Excellence Center is a prime example of how strategic partnerships with industry and academia help take our innovation further by fostering opportunities for experimentation, education, and understanding of the possibilities these exciting technologies hold.”
“The haptic market is rapidly growing, and we must build upon our expertise today to tap into the exciting potential of this new modality for immersive communication, video streaming, and gaming experiences,” said Lionel Oisel, Head of Video Labs and General Manager of InterDigital France. “The impact of this technology depends on exploration, innovation, standardization, and education – the core principles underpinning the Haptic Excellence Center.”
“Haptics is emerging as a core pillar of immersive technology. Through our collaboration with InterDigital on the Haptic Excellence Center, Razer is advancing an open haptics framework and applied streaming research to enable large-scale deployment,” said Eric Vezzoli, Director of Technology at Razer. “The goal is clear: deliver richer, more immersive experiences that redefine how people engage with digital content.”
About InterDigital®
InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com
Media Contact:
Roya Stephens
Email: roya.stephens@interdigital.com
+1 (202) 349-1714
About Razer
Razer™ is the world’s leading lifestyle brand made For Gamers. By Gamers™.
The triple-headed snake trademark of Razer is one of the most recognized logos in the global gaming and esports communities. With a fan base that spans every continent, Razer has designed and built the world’s largest gamer-focused ecosystem of hardware, software and services.
Razer’s award-winning hardware includes high-performance gaming peripherals and Blade gaming laptops. Razer’s software suite, which consists of Razer Chroma RGB, Razer Synapse and more, boasts over 250 million users, offering customization, lighting effects and optimization. Razer also offers payment services for gamers, youth, millennials and Gen Z, through Razer Gold, one of the world’s largest game payment services to over 68,000 games and Razer Silver, the accompanying rewards program.
Razer is committed towards a sustainable future and is taking responsibility through its #GoGreenWithRazer movement – a 10-year roadmap that aims to minimize environmental impact through various initiatives.
Founded in 2005, Razer is dual headquartered in Irvine, California and Singapore, with regional headquarters in Hamburg and Shanghai, and 19 offices worldwide.
FAQ
What is the Haptic Excellence Center launched by InterDigital (IDCC) and Razer on Feb 10, 2026?
How many haptic-enabled consumer devices did InterDigital cite and what is the 2028 projection?
What will the haptic streaming platform announced by IDCC and Razer do for media delivery?
How will the Haptic Excellence Center affect haptic content and education for developers?
