Syntax-Brillian sells LCoS operations to Compound Photonics
We knew it was in the works, and just before everyone bolted off to enjoy a little R&R, Syntax-Brillian finally completed the sale of its LCoS operations to Compound Photonics US. In the deal, Syntax-Brillian "licensed its LCoS patents and intellectual property to Compound Photonics US in exchange for a ten-percent stake in Compound Photonics Ltd.," Compound Photonics US' parent company. Furthermore, Compound Photonics US will be handing over an "annual fee" to Syntax-Brillian "meant to offset intellectual property ownership maintenance costs."
