It's been confirmed today that Ricoh has bought Pentax s Digicam business from the current owners�Tokyo-based�Hoya group. Based on reviews the purchase may be worth around $124 million for Pentax and particulars happen to be released inside a PDF from Hoya.
Ricoh intends to expand its already�existing�but relatively small camera business which offered around 1.six million cameras this past year but lacks Digital slr items. By�developing the Pentax�single-lens reflex range to go in marketplaces in developing nations.
The sales doesn't incorporate a couple of products that Hoya will have the privileges to build up, for example the�rights to fabricate and develop items for that medical area. That was the main reason Hoya bought Pentax in 2007 and happens to be likely to sell from the digicam side. Of which�Ricoh will get the Pentax Imaging Systems so it uses to�develop�a Digital slr selection of items.
Source : Reuters
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