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Olympus comes to agreement with JIP for transfer of imaging business

UPDATE: Olympus has released an FAQ regarding the transfer of the imaging business. Overnight, Olympus announced it has concluded a definitive agreement with Japan Industrial Partners (JIP) regarding the transfer of the Olympus imaging business. Under the agreement, a newly-established wholly-owned subsidiary will be created through an absorption-type split. This will

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What’s next for Olympus users?

When I first heard the news about Olympus’ intentions to sell its imaging division, I was pretty caught off-guard. Leading up to COVID-19, it was thought that the company was doing better. Olympus had just released the OM-D E-M1 Mark III — one of its flagship cameras — and for

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Breaking: Olympus to sell camera business

As first reported by The Verge, Olympus announced its plans to sell its imaging division as early as September 2020. The company will spin its camera business to a new company managed by Japan Industrial Partners, Inc. (JIP), the same company that bought the VAIO computer business from Sony. The

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