Leica has announced plans to use the proceeds of the sale of convertible bonds to create the financial basis for its innovation and distribution strategy. The emphasis of the development work that is already in progress is on hybrid concepts that combine digital technology with proven analog products.
“Well over one million high-grade Leica lenses for the Leica R- and Leica M systems await a solution for being used optimally in conjunction with digital technology. Our approach to digital cameras for existing lenses conforms to our philosophy of decades-long system compatibility and to our belief that the optics are the decisive elements for outstanding photographs – not the analog or digital path to those photographs”, states chief of technology Ralf Coenen.