HDTV producer Syntax-Brillian Corporation (Tempe, Arizona, U.S. ) said today it has agreed to acquire firm Vivitar Corporation for U.S. $26 million in stock. Vivitar is a photographic and digital imaging technology company based in Oxnard, California, U.S.
The acquisition will give Syntax-Brillian full ownership over all Vivitar assets and creates an entrance into digital photography and Vivitar's established global retail and distribution channels. The company says the acquisition will capitalize on key synergies between Syntax-Brillian's LCD and digital imaging technology and Vivitar's photography and optics technology. Vivitar will be operated as a wholly owned subsidiary of Syntax-Brillian.
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