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Did you know? Wikipedia: Hoya Corporation (HOYA株式会社 Hoya Kabushiki Gaisha?) is a Japanese company manufacturing optical products such as photomasks, photomask blanks and glass magnetic-memory disks, contact lenses and eyeglass lenses using wavefront technology[clarification needed] for the health-care market,[1] medical photonics,[2]
lasers, photographic filters, and software. The headquarters are in
2-7-5 Naka-Ochiai, Shinjuku, Tokyo. Hoya Corporation is one of the
Forbes Global 2000 Leading Companies
[3] and Industry Week 1000 Company.[4]
HOYA is the worlds largest optical glass manufacturer and holds 50% of
the share throughout the world
on all production of optical glass.
Within this field of optical glasses, HOYA is exceptionally featured,
without comparison to any other competitors. It supplies its glass to
most of the renown optical lens manufacturers in Japan and around the
world and holds the number one share of camera filters world-wide.
Kenko
Tokina
is the world-wide export agent for HOYA filters.
Hoya acquired the camera company Pentax
in 2007, for the price of US$1 billion, about 10% more than Pentax was
valued at the time.
On October 1, 2011, Hoya sold its Pentax camera business to Ricoh.[8][9]
Hoya discussed a merger with Pentax
into Hoya Pentax HD Corporation during 2007. Hoya's primary goal was to
strengthen its medical-related business by taking advantage of Pentax's
technologies and expertise in the field of endoscopes, intraocular
lenses, surgical loupes, biocompatible ceramics, etc. It was speculated
that Pentax's camera business could be sold off after the merger. The
merger was initially intended to be completed by October 1, 2007.
[10]
However, Pentax management decided to not pursue the originally planned
share swap, and other options for a merger were discussed.
[11] On May 25, the Pentax board of directors accepted Hoya's offer for a merger.[12] On August 6, 2007, Hoya completed a friendly takeover bid for Pentax and acquired 90.59% of the company.[13]
On October 29, 2007, Hoya and Pentax announced that Pentax, as the
company ceasing to exist, will merge with and into Hoya on March 31,
2008.
[14] Hoya will retain the Pentax brand name and reports $2,927.3 (mil) in sales.
The acquired Pentax surveying instrument business (currently IT Asahi Co., Ltd.) and camera business (now Pentax Ricoh Imaging Co., Ltd.) were sold to Taiwan Instrument Co., Ltd. in 2009 and Ricoh Co., Ltd. in 2011, respectively.
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