Japan's leading printer and photocopier maker Konica Minolta Inc. announced at the company will be acquiring Ambry Genetic Corp. - a US diagnostic company, in a deal valued at up to USD 1 billion. This is one of the largest deals for Konica Minolta and the company will jointly carry out the acquisition with the funds provided by Innovation Network Corp of Japan. Konica Minolta, which has a market value of around $4 billion, will account for 60 percent of the investment and the Innovation Network Corp of Japan (INCJ) will provide for the remaining 40 percent. Both the companies intend to enter into the precision medicine segment which is expected to have a great potential for the treatment of cancer. KMI has its own diagnostic technique, utilising a High Sensitive Tissue Testing (HSTT) technology, while Ambry excels in genetic tests for breast, colon and cancers, heart and respiratory diseases, etc. Further, the company will combine its HSTT technology and Ambry's genetic diagnostic technology to offer high-standard cancer diagnostic services and aid the development of new reagents which will help produce new medicines. Talking about the acquisition, Shoei Yamana - Chief Executive Officer of Konica Minolta Inc., said, “Together with Ambry, we will have the most comprehensive set of diagnostic technologies for mapping an individual's genetic and biochemical makeup." The companies expect to complete the necessary procedure for the deal by the end of October, 2017 and post which, Ambry will become a subsidiary of KMI while Ambry's business will be continued in the US.
India’s first online digital platform ‘Pixlent.com’ was launched on the occasion of World Photography Day in Pune by landscape & fine art photography expert, Lalit Deshmukh at Sumant Moolgaokar Auditorium. Pixlent.com is conceptualised and designed by Dr. Yashodhan Joshi. In the inaugural speech he said, “The main motive behind this concept is to develop the skills behind the lens and to bring aspiring photographers and passionate photography experts together for the sole purpose of professional photo reviews and critiquing”. The first segment of the launching event had a group discussion amongst Pixlent experts who are also some of the best names in photography. It was moderated by Prashant Desai. The topics for the discussion were: What goes into taking a good shot and how to give your photo the extra edge. The experts also shared their stories and talked on the journey of Film Photography to Digital Photography. The second segment of the program contained Live Photo Critiquing On Pixlent.com by Lalit Deshmukh and fashion and glamour photographer Sameer Belvalkar. Experts also answered the questions asked by the audience. The program ended with the vote of thanks given by Sameer Belvalkar. The show was hosted by Tejashri Dharane.
Venus Optics recently announced the launch of Laowa 15mm f/2 FE Zero-D for Sony Full Frame E-mount cameras. Currently the widest f/2 rectilinear lens in the market, it is an ultra-wide & ultra-fast prime lens which covers both 35mm full-frame & APS-C sensors. Weighing around 500g (~1.1 pounds), the lens is 8 cm long and comprises of 12 elements in 9 groups with 2 pcs of aspherical elements and 3 pcs of Extralow dispersion elements. It provides an extreme 110° angle of view and ultrafast f/2 aperture. The lens provides a super close focussing distance of 15cm and is specially designed to remove the optical distortion commonly exist in wide angle lenses at infinity focus. The new Laowa 15mm f/2 FE Zero-D is currently available to pre-order in the official website of Venus Optics (http://www.venuslens.net/) and their authorized resellers at an approximate retail price of USD 849.