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June 25 2020

Olympus Has Fallen – Gets Out of Camera Business


Jakub Han


Olympus CEOYasuo Takeuchi today announced thatthe company will sell its imaging business after recordingoperating losses for three consecutive fiscal years. The new owner of the OM-D and ZUIKO brands,Japan Industrial Partners (JIP), wants to restructure and maintain the imaging business. The deal should be closed by the end of this year. (...)
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