Pentax Imaging Systems business goes to Ricoh

Pentax Imaging Systems business goes to Ricoh

Pentax USA announces that HOYA Corporation and Ricoh Company have executed an agreement as of today to transfer the Pentax Imaging Business to Ricoh. The group is responsible for developing, manufacturing and selling optical instruments such as digital cameras and replacement lenses, accessories, security cameras, and binoculars. Hoya acquired the Pentax business in March 2008. Initial discussions started late 2006 and the option to sell off Pentax's camera business after the merger was already then under consideration...