tech:

taffy

Immersion names Sharon Holt to its board

Immersion, a developer and licensor of touch feedback technology, has appointed Sharon Holt to its board of directors. She has also been appointed as a member of the compensation committee.

From 2004 to 2012, Ms. Holt was senior vice president at Rambus, where she rose to become general manager of the $300 million Semiconductor Business Group. Prior to Rambus, Ms. Holt was an executive at Agilent Technologies, her last position being vice president and general manager of Americas Field Operations. She also spent 13 years at HP in Applications Engineering, Sales and Distribution Management for the Semiconductor Products Group.

Ms. Holt becomes Immersion’s sixth independent board member, joining chairman Carl Schlachte, chairman, president and CEO of Ventiva; Jack Saltich, former chairman and chief executive officer of Vitex Systems; David Sugishita, past chairman of Atmel; David Habiger, former CEO of NDS Group and Sonic Solutions; and John Veschi, former CEO of Rockstar Consortium.

[Image courtesy: Immersion]

Just in

Biden signs TikTok ‘ban’ bill into law, starting the clock for ByteDance to divest it — The Verge

President Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to divest the app within a year, writes Lauren Feiner.

IBM to acquire HashiCorp for $6.4B

IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.