DOES VIVITAR LAWSUIT COVER OUTSIDE OF USA MARKET ?
posted on
Jan 08, 2008 02:10PM
TEMPE, Ariz.–(BUSINESS WIRE)–Syntax-Brillian Corporation (Nasdaq:BRLC), a manufacturer and marketer of LCD and LCoSâ„¢ HDTVs and digital entertainment products, today announced that it has completed its acquisition of Vivitar Corporation, an Oxnard, California-based leader in the design, development and marketing of photographic, optical, electronic and digital imaging products.
As noted in a press release of October 30, 2006, the acquisition gives Syntax-Brillian full ownership over all Vivitar assets and the company’s significant intellectual property portfolio. Vivitar will be operated as a wholly owned subsidiary of Syntax-Brillian.
By consolidating shared resources, contract manufacturing relationships, engineering expertise and distribution channels, the acquisition of Vivitar is expected to produce significant economic and logistical advantages for Syntax-Brillian.
Vivitar is a leading manufacturer and marketer of photography equipment and optics, including a range of high-quality, affordable digital cameras, film cameras, lenses, flashes and tripods, sports optics and digital imaging products. The company has a diverse portfolio of intellectual property assets and patents and maintains a variety of international distribution channels in the U.S., France, the United Kingdom and Hong Kong.
Syntax-Brillian expects to leverage Vivitar’s existing distribution channels to create new outlets, notably in Europe, for its LCD televisions as well as any new Olevia or co-branded digital entertainment products that the company may develop.