TOKYO: Konica Corp and Minolta Co, two film photography giants struggling for a foothold in the digital era, have agreed on a merger that could propel them into the big league of office machine makers.
Konica, the world’s third largest photo film maker, and Minolta, a leading maker of single-lens reflex cameras hobbled of late by a weak balance sheet, already have a mutual supply deal in photocopier machines and a toner joint venture.
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