[Leica] Leica has bought Sinar

[douglas.sharp at gmx.de (Douglas Sharp)]

Here's the actual press release from 25.09.2006


Leica Camera AG, Solms, takes over 51% of the shares of Sinar AG, 
Feuerthalen/Switzerland, from JENOPTIK Laser, Optik, SystemeGmbH, Jena 
("JENOPTIK"). JENOPTIK and Leica Camera AG have signed corresponding 
acquisition and transfer contracts on September 25, 2006. 
Confidentiality was agreed concerning the transfer price.

The existing technical cooperation between JENOPTIK and Sinar AG 
concerning digital camera backs will be continued.

Sinar AG serves professional photographers with leading solutions in 
medium and large format cameras, both with analogue and digital 
technology. Leica Camera AG will continue and develop the Sinar business 
with the Sinar brand and company structure, based on the shared values 
of excellence and innovation.

Both companies will benefit from synergies in technical collaboration as 
well as marketing and sales. Leica Camera AG is confident that the 
acquisition will bring positive developments for customers, employees as 
well as shareholders of both companies. This is a first step on the 
strategic path towards growing the business of Leica Camera AG.


G Hopkinson wrote:
> Does this point to control of Jenoptik for the M8 sensor?
> Great to see the company expanding, that's for sure.
> Cheers
> Hoppy
>
>  
>
> -----Original Message-----
> From: lug-bounces+hoppyman=bigpond.net.au@leica-users.org 
> [mailto:lug-bounces+hoppyman=bigpond.net.au@leica-users.org] On Behalf Of
> Don Dory
> Sent: Monday, 25 September 2006 21:56
> To: Leica Users Group
> Subject: Re: [Leica] Leica has bought Sinar
>
> It means for sure that Leica has more digital offerings in the pipeline.
> Possibly does not want to be hostage to Panasonic forever.
>
> Don
> don.dory@gmail.com
>
>
> On 9/25/06, Didier Ludwig <rangefinder@screengang.com> wrote:
>   
>> The Leica bei Meister Newsletter I just received states that Leica
>> AG, Solms, has buyed 51% of the Sinar shares previoisly owned by Jenoptik.
>>
>> Swiss company Sinar http://www.sinar.ch/ is famous for it's
>> professional solutions for the medium and large format photography.
>> It's former owner Jenoptik http://www.jenoptik.com is the company
>> that implements the kodak sensor and software in the M8.
>>
>> Would could this mean? Leica entering the digital medium/large format
>> area? All I can say is that's it's positive sign that Leica is able
>> to buy another company and not the other way round.
>>
>> Didier
>>
>>
>>
>>
>>
>> _______________________________________________
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>>
>>     
>
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