Wednesday, November 25, 15:01
Home inet Olympus: Leaving the camera space!

Olympus: Leaving the camera space!

Olympus is out of the industry game photography, and sells the camera business!

Olympus: Leaving the camera space!

Most of the Japanese company's revenue comes from production medical equipment. According to an announcement on Wednesday, he decided to sell the camera business to the company "Japan Industrial Partners", Which in 2014 acquired the"V"Of her Sony.

Η πώληση of Olympus marks it end of her cameras, which began to be made in 1936, when they presented the cameras "Zuiko». In 1972 he sold the first light camera called "OM", and in 1991 "Infinity Stylus compact point-and-shoot".

In 1996 she released her first digital camera, and together with Kodak and Fujilm, brought us to the age of the digital camera with its feature interchangeable system Micro Four Thirds lenses.

But the time has come for them smartphones destroyed the digital camera industry, and Olympus's consumer segment has seen losses in each of the last three years, despite efforts to rebuild.

Of course, the camera business represents only a small part of its total shares. The CEO, Yasuo takeuchi, last denied the rumors of a sale in November 2019.

The agreement with Japan Industrial Partners is expected to close permanently September, while the financial details of the transfer have not yet been announced.

Olympus: Leaving the camera space!
Olympus: Leaving the camera space!

Due to the strong historical strategy of Japan Industrial Partners, the agreement stipulates that the new owners will continue to produce and develop Olympus camera technology for new products. Of course, there is no mention of whether JIP will continue under the same name.

The company was hit by a series of disputes, including the huge 2011 corruption scandal that surfaced loss over $ 1,5 billion from investments and covert payments in organized crime unionsYakuza».

We may have been hearing rumors for a long time about the company's intentions to sell the camera business, but now it is more true than ever.

LEAVE ANSWER

Please enter your comment!
Please enter your name here

SecNews
SecNewshttps://www.secnews.gr
In a world without fences and walls, who needs Gates and Windows

LIVE NEWS

For the first time since the Middle Ages, on December 1 Jupiter-Saturn coupling

Jupiter and Saturn are going to align in a way that has not been done since the Middle Ages, astronomers say. When the...

Ransomware attacks have boosted Coalition revenue

Ransomware attacks, which encrypt a computer files and demand ransom for their decryption, have seen a dramatic increase in ...

The new version of Stantinko malware appears as an Apache web server

Stantinko, one of the oldest malware botnets, has updated its Linux malware, upgrading its trojan to appear as ...

Peatix user data has been leaked

One of the most popular events organizing applications, Peatix, was attacked, with a hacker leaking this month the ...

The M1 Macs can run six external monitors with DisplayLink

YouTuber Ruslan Tulupov states that it is possible to run up to six external screens from the M1 Mac mini and five ...

New WAPDropper malware infects Android devices for WAP scams

Check Point security researchers have discovered a new Android malware, which is used in attacks against users in Southeast Asia (mainly). New...

Security researchers have discovered a bug in cPanel software

Some security researchers have discovered a major security flaw in cPanel, a popular software suite used by web hosting companies to ...

The flooring company Headlam Group came under cyber attack

As she confirmed, the British flooring company Headlam Group, fell victim to a cyber attack. THE...

India bans another 43 Chinese mobile applications

The Indian government has banned another 43 Chinese mobile applications, according to a new government order released on Tuesday. The reason for the ban ...

New bill proposes stricter security regulations for telecommunications companies

A new bill introduced in the British Parliament yesterday proposes the imposition of new strict security regulations on the country's telecommunications companies. The law...