17 JANUARY 2008
Warburg Pincus invests in Adlens Beacon, Inc
US$20 million investment in adjustable reading glasses productWarburg Pincus has invested US$20 million in Adlens Beacon with the aim of bringing to market Modifeye adjustable reading glasses. ModifEye readers will be sold over-the-counter, allowing the wearer to adjust the lens power so as to stay focussed on any near- and middle-distance task. Adlens Beacon holds an exclusive licence from Adlens to use the adjustable lens technology in over-the-counter reading glass products.
