Olympus Imaging Business Becomes a New Company January 2021

The rumors that Olympus was leaving the camera business persisted for some time and were routinely denied by the company until they weren’t

.

We covered all of the ups-and-downs of that saga and now we’re moving on to the new era for Olympus. While the company isn’t exactly leaving the business, it is in a way.

Because all of its imaging assets will be transferred over to the New Imaging Company, a joint project with Japan Industrial Partners in which Olympus will have a huge stake.

From the company’s press release, “Olympus Corporation (‘Olympus’) today concluded a definitive agreement with Japan Industrial Partners Inc. (‘JIP’) regarding the transfer of the Olympus Imaging business. Under the agreement, Olympus will transfer its Imaging business to…


This is only a snippet of a Photography Article written by Kehl Bayern

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