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posted on Jan 08, 2008 02:10PM

 

Syntax-Brillian Completes Acquisition of Vivitar

November 21st, 2006 . by Arizona Venture Capital

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.

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