On 12/21/06 8:54 PM, "Adam Maas", <[EMAIL PROTECTED]> wrote:

> But what about the fact that Hoya is already a major camera-gear
> manufacturer?

Unlike Hoya's relationship with Tokina and Kenko etc, this is a deal with
"blood exchange".  Both companies became one new entity.  It was just that
Hoya's networth was larger than Pentax's (Pentax's capital is larger than
Hoya's), but as Pentax's president said, this is not an M&A which they did
not like.  And as Hoya's president says, Imaging System will pursue
production of innovative products rather than going after sales volume or
market share etc.
So, things are at least becoming "interesting" for sure.  I cannot see
Pentax brand and its camera would disappear.  In fact, right after this
announcement, they expanded their service centres across Japan.  I am sure
they will increase their profile in export market too.

Ken


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