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July 9, 2008

Vivitar in Limbo

In a sign of both a tough economy and a rapidly shrinking photography market, the parent of Olevia LCD tv maker and the Vivitar camera company has filed for Chapter 11 bankruptcy.

While the Olevia LCD company remains a viable entity and is in the process of reorganization with one of Syntax-Brillian's manufacturing partners, Vivitar gets the short end of the stick. The camera division will be sold off, but as of this article's press time, no buyers had been named.

Posted by covey22 at July 9, 2008 8:26 PM