Altough presence of Screenovate is not positive or is neutral, there is a silver lining to this. I believe Elabs tech would be very interesting for big players. Lets look at a couple Acquisitions that resemble Elabs:
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2021 Intel buys Screenovate for 150 mil. USD. Screenovate provides extended display -function via WiFi connection. (One function as I understsand it.) This is used in Intel Unison application.
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2013/2019: Leap Motion, providing a single-purpose HW sensor for gesture control, was almost acquired by Apple. On July 22, 2013, the controller was released to pre-order customers to mixed reviews. In May 2019, Leap Motion was acquired by Ultrahaptics; the combined company was named ‘Ultraleap’. The reported sale price was $30 million - about 10% of the company’s peak valuation of $300 million reached in 2013.
Altough Elabs is not 1:1 with Screenovate, as Elabs would allow for identifying external display without a WiFi but would not likely allow for data transfer alone, it can be said that the capability of this specific Elabs sensor is somewhat similar.
Furthermore, Elabs provides 3 other sensors that can be / are used in PC/Laptops (seamless, proximity, etc.).
My point is that Elabs as a player is likely interesting for big tech companies / OEM’s with quite versatile capabilities. Valuation could be discussed, its very hard to say from outside… but assuming i.e. 50mil USD for each “relevant sensor”, then we could argue i.e 150-200 mil. USD valuation easily for Elabs. This could be in a hypothethical “bear scenario” situation where the business would not proceed and it would be best just to sell the company (which is quite unlikely now).
Just my two cents 
Ja, det antallet bør de oppdatere…
