HardOCP News
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Syntax-Brillian, the company behind brands like Vivitar cameras and Olevia LCDs, has filed for bankruptcy. The majority of the companys assets will go to one of Syntax-Brillian's original partners, the TCV Group.
Syntax-Brillian Corporation (SBC) has filed a petition for relief under Chapter 11 of the United States Bankruptcy Code and the company announced that it has entered into an asset purchase agreement to sell Vivitar, the company's brand of digital still and video cameras to Olevia International Group (OIG), which is under common ownership with the TCV Group.