Ricoh Buys Pentax

Hoya, which bought the Pentax brand in 2008, has announced they are selling the camera brand to Ricoh for $128 million.

While neither are major players in the photojournalism realm, this could have a cascading effect as other manufacturers decide to merge or buy out smaller, innovative companies.

(Thanks to Jeff Snyder at Adorama for the link on Twitter.)

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