FRBS

StereoVision Imaging Acquires Digital Signal Corporation

StereoVision Imaging announced that it has closed on a financing package with a leading provider of structured debt products to technology and life science companies. This deal represents a major step in SVI’s effort to accelerate and diversify its current product slate, through a major acquisition and an injection of working capital. Through this acquisition SVI is acquiring a significant portfolio of U.S. and International patents related to the use of LIDAR technology for 3D facial recognition and other potential applications.