SBG Labs, which recently purchased DigiLens' intellectual property, has sold it to Hoya Corp. of Japan

December 2, 2003

1 Min Read

SUNNYVALE, Calif. -– SBG Labs, Inc. has sold its telecommunications photonic chip intellectual property and business to Hoya Corporation of Japan. SBG Labs will support the technology transfer and assist the HOYA FO division with future product development.

According to Yoshiatsu Yokoo, Genaral Manager of FO division, “We are delighted to have acquired this planar integrated circuit technology. We are looking toward making a long-term investment in next generation telecommunication technology.”

Said SBG Labs President and CEO Jonathan Waldern, “Hoya is in an ideal position to take a long-term view of integration and cost reduction for telecommunication components. Hoya also has the expertise and resources to really nurture and develop the technology, and this purchase reinforces their dedication to leadership in that market.”

SBG Labs only recently acquired the photonic chip technology through an acquisition of DigiLens, Inc.’s assets. 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.

“Since much of the current SBG Labs team originally worked at DigiLens, Inc., we are now in an ideal position to support this technology transfer,” said Waldern. “At the same time, SBG will leverage the DigiLens™ brand and display patents in the consumer and automotive display markets.”

SBG Labs Inc.

Hoya Corporation

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