Not surprising but still saddening.

cbwaters wrote:
> I saw a link to this was posted by Ned Bunnell on his blog last night.
> >From The Pentaximaging.com site:
> "LETTER TO PENTAX CUSTOMERS  October 31, 2007
> To our customers,
>
>
> On October 29, 2007, HOYA Corporation and PENTAX Corporation, a consolidated
> subsidiary of HOYA announced that we have entered into a merger agreement
> with respect to a merger which will become effective on March 31, 2008.
>
>
>
> Following the merger, based on the common core technological foundation in
> optics, imaging, and materials, the new company will optimize its business
> portfolios, focusing on the life care, optics, information technology, eye
> care,
> imaging system areas. All PENTAX business divisions will be optimized within
> the same framework of the HOYA's other business divisions to strengthen its
> business. By doing so, better communication, prompt management decision, and
> proper resource allocation will be assured. We continue to devote our
> efforts to make even more outstanding the PENTAX brand even after the
> merger.
>
>
>
> PENTAX promises to provide more satisfactory products and service to our
> customers. So, we will ask your continuous support to PENTAX Corporation and
> the HOYA Corporation following the merger.
>
>
>
> Yours Sincerely,
>
>
>
> Nobuaki Tanishima                               Ned Bunnell
> President                                             President
> PENTAX Corporation                             PENTAX Imaging Company
>
> 2-36-9,Maeno-cho                                600 12th Street Suite 300
>
> Itabashi-ku                                          Golden, Colorado 80401
>
> Tokyo 174-8639,Japan                          TEL:  303-799-8000
>
> TEL: 81-3-3960-5151
>
> FAX: 81-3-3960-5226"
>
>
>   


-- 
The difference between individual intelligence and group intelligence is the 
difference between Harvard University and the Harvard University football team.

        -- P. J. O'Roark


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