History of Hoya-Pentax merger
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. However, Pentax management decided to not pursue the originally planned share swap, and other options for a merger were discussed. On May 25, the Pentax board of directors accepted Hoya's offer for a merger. On August 6, 2007, Hoya completed a friendly takeover bid for Pentax and acquired 90.59% of the company. 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. The acquired Pentax surveying instrument business (later 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.ReadSpeaker
On July 13, 2017, it was announced that the HOYA had acquired ReadSpeaker. ReadSpeaker was founded in 1999 and headquartered inSee also
* List of companies of JapanReferences
External links
* * Wiki collection of bibliographic works on Hoya Corporation {{Authority control Photography companies of Japan Electronics companies of Japan Manufacturing companies based in Tokyo Glassmaking companies of Japan Lens manufacturers Contact lenses Companies listed on the Tokyo Stock Exchange Technology companies established in 1941 1941 establishments in Japan Optics manufacturing companies Japanese brands Midori-kai Eyewear companies of Japan Medical technology companies of Japan