Geez, not good. Christine

> On Apr 13, 2017, at 8:46 PM, Zos Xavius <zosxav...@gmail.com> wrote:
> 
> Pentax has enough history that someone will at least want the name. I
> don't think Ricoh will give up Pentax just yet. They only paid $125
> million for the company. That was pocket change to them really. The
> theta sells like wildfire currently and they seem intent on investing
> in that further. There are some massive changes going on and I would
> imagine that the imaging division will see cuts along the way.
> Currently they laying off employees en masse and consolidating
> departments. For instance they let go most of the Pentax United States
> team and they now share offices with the copier division. Things are
> looking kind of grim in some ways actually. The professional services
> program is effectively cancelled now. That includes pro services for
> the 645Z. All while Fuji is currently rolling out their own pro
> services along with their own shiny new medium format camera. I think
> Pentax can hold an edge as a niche player for now, but is that worth
> investing in for Ricoh? Fuji has stated that they will produce film
> and camera equipment no matter how small the market gets. Even if it
> costs them money they will continue because they feel that their
> legacy is worth preserving. I don't know if Ricoh has that kind of
> fortitude. Another thing is that Ricoh has a new president as of April
> 1st and supposedly he is looking to make massive cuts which is likely
> where this rumor and story started.
> 
> 
> The best I can say is buckle up. If you want to read the tea leaves
> the next six months are going to be a critical time to watch. You
> aren't going to hear much of anything one way or another, but their
> actions and further developments will tell the story.
> 
> Also I really doubt Sigma would buy Pentax. They don't have to really.
> They are selling more lenses in canon mount than canon themselves.
> They have gone mirrorless now and I really doubt they are interested
> in going back to OVF cameras because of the complexities involved.
> Pentax has the SLR down to an artform so hopefully someone will
> recognize that. I think there is and always will be a market for SLRs.
> If they go the way of the TLR and rangefinder I will be sad, but I
> guess that's just the way things go.
> 
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