15th December 2006, 05:15 AM
Leica Sinar buy-out stopped
At Photokina earlier this year Leica made a surprise announcement that they had purchased the controlling share (51%) in Sinar from Jenoptik. In a rather strange twist to this story Jenoptik has today announced that it is now rescinding the sale of the shares to Leica and that they will maintain the controlling share of the company. The press release issued states that this will not affect the working relationship between Leica and Jenoptik, the later of whom were responsible for some of the image processing for the new M8 digital rangefinder.