Konica Minolta is out of photo business. Some assets will be transferred to Sony (looks like they will only get rights to make optics, compatible with Dynax/Maxxum).
In short, they will be out of the following businesses:
1. Cameras (including film, digital and SLR)
2. Photo film
3. Photo paper
4. Services (minilabs, photo booths, etc)
Full press release is http://konicaminolta.com/releases/2006/0119_03_01.html
What that'll mean to us, consumers? Prices for their cameras will probably plummet. No sure what'll happen with warranties, though.
This is all very sad - one of the most recognized manufacturers is now out of business. :(