Hoya to assimilate Pentax
Just before Christmas, Hoya and Pentax quietly announced plans to merge their companies into a new entity to be called Hoya Pentax HD Corporation. The deal--which the official announcement is calling "a management integration of the two companies"--is expected to be completed on October 1, 2007. Fumio Urano, currently president and CEO of Pentax, will become chairman of the board of Hoya Pentax HD, while Hiroshi Suzuki, currently president and CEO of Hoya, will be the new company's president and CEO.
In the USA, Hoya is best known for its filters for SLR and video camera … Read more