SBG Labs has acquired all of DigiLens’ patents and trademarks through an open bid foreclosure sale held by a syndicate of DigiLens’ secured lenders. DigiLens, a developer of optical components based on Electrically Switchable Bragg Gratings, had ceased operations as a result of the downturn in the optical telecommunications market. Financial terms were not disclosed.
SBG Labs, which is based in Sunnyvale, California, said it now plans to offer display products and services under the DigiLens trademark in the consumer and automotive display markets.
http://www.sbglabs.com
