Posted on 2021-01-06 15:32:00 , by News Service
Olympus has sold the imaging division and completed the process of transfer. Now sure we are going to miss our fabulous Olympus gears but we must look forward to JIP. Oly users are keeping hopes that they might see new updates to their existing cameras and may also see new camera models released under the new branding. However as of now this is just a hope and we have to keep looking forward for the developments that might come across.
Olympus transferred its imaging business through an absorption-type split ("Company Split") to a whollyowned subsidiary ("New Imaging Company") newly established by Olympus and transferred 95% shares of the New Imaging Company ("Share Transfer") to OJ Holdings, Ltd., a special purpose company established by Japan Industrial Partners, Inc. ("JIP").
Read the details on Olympus website