Breaking News

COLORFUL Introduces iGame Shadow II Series DDR5 Memory TerraMaster Launches D1 SSD Plus ASUS Announces Late-August Availability of ProArt Display 6K PA32QCV ASRock Announces Exciting New AMD X870E motherboards ASUSTOR 30 TB Ironwolf Pro Now Officially Supported

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Ricoh Buys PENTAX Imaging Systems

Ricoh Buys PENTAX Imaging Systems

Cameras Jul 1,2011 0

Japanese optical glass-maker Hoya said on Friday it would sell its Pentax camera business to copier and printer maker Ricoh, in a deal the Nikkei business daily said was worth about 10 billion yen ($124.2 million). HOYA Corporation and Ricoh Company, Ltd. have agreed to transfer HOYA's PENTAX Imaging Systems Business - the business of developing, manufacturing and selling optical instruments such as digital cameras and replacement lenses, digital camera accessories, security camera-related products, and binoculars - to Ricoh.

HOYA estimates that the business transfer will be finished by October 1, 2011.

Hoya bought Pentax in 2007 mainly to gain access to its medical technology. Pentax is the world's tenth largest digital camera brand by shipments, with just 1.5 percent of the market, according to research firm IDC.

Ricoh's main business is related to copiers and printers, although the company has also a digital camera business, but sales are too small to feature in global data. The acquisition is expected to allow the company get into the digital single-lens reflex camera market.

The acquisition does not include the digital camera module, DVD pickup lens, endoscope, artificial bone, and voice synthesis businesses of Pentax. They will be retained by Hoya, the companies said.

Tags: RicohPentax
Previous Post
Corsair Ships Force Series GT Solid-State Drives
Next Post
ITC Rules Partially Against Kodak in Apple Dispute

Related Posts

  • Ricoh 360 Theta A1 camera officially announced

  • RICOH announces development of GR IV

  • Ricoh establishes new industrial computer company in Japan

  • PENTAX 17 is simply a fixed-focal length compact film camera

  • Ricoh announces PENTAX WG-8 and PENTAX WG-1000 waterproof cameras

  • Ricoh announces GR III HDF and RICOH GR IIIx HDF

  • Ricoh announces PENTAX WG-90 waterproof digital compact camera

  • Ricoh announces two PENTAX 50mmF1.4 lens

Latest News

COLORFUL Introduces iGame Shadow II Series DDR5 Memory
PC components

COLORFUL Introduces iGame Shadow II Series DDR5 Memory

TerraMaster Launches D1 SSD Plus
PC components

TerraMaster Launches D1 SSD Plus

ASUS Announces Late-August Availability of ProArt Display 6K PA32QCV
Enterprise & IT

ASUS Announces Late-August Availability of ProArt Display 6K PA32QCV

ASRock Announces Exciting New AMD X870E motherboards
PC components

ASRock Announces Exciting New AMD X870E motherboards

ASUSTOR 30 TB Ironwolf Pro Now Officially Supported
Enterprise & IT

ASUSTOR 30 TB Ironwolf Pro Now Officially Supported

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Crucial T705 2TB NVME White

Crucial T705 2TB NVME White

be quiet! Pure Base 501

be quiet! Pure Base 501

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed