Ricoh buys Pentax removeable lens camera business.
(Also binoculars. NOT some systems that might seem integrat
Good may come of this. May.

http://www.dpreview.com/news/1107/11070105ricohbuyspentax.asp

Hoya has sold the Pentax camera division to Ricoh. The Pentax Imaging
Systems Division will be spun-out as a new company and its shares
transfered to Ricoh on October 1st. The deal will also include the
Pentax camera manufacturing subsidiary in Vietnam. A public
announcement from Hoya explains that Ricoh is looking to build a
consumer cameras business and wanted Pentax's interchangeable lens
camera technology, lens technology and sales channels. Its plans for
the business specifically include the interchangeable lens camera
market. Hoya will retain the other Pentax businesses, such as medical
devices, that it gained in its 2007 takeover. Terms of the deal were
not disclosed but Japanese business paper Nikkei Business Daily
reports a price of about 10 billion yen ($124.2 million).

__________

Gory mostly boring details:

http://www.hoya.co.jp/english/news/latest/d0h4dj0000001fv8-att/d0h4dj000000=
1fwi.pdf


       Russell
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