Message from Olympus

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davidzvi

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I touched base with a contact at Olympus and asked if he had any information he'd like to share. And yes he knows about this forum and knows this was going to be posted here. I did not ask how this sale impacts him personally.

I'm going to post it and lock the thread. I want to share the information and not start another debate thread.
 

davidzvi

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Aug 12, 2012
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Outside Boston MA
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David
His reply (yes some seem like the same as what has already been said, but the wording seems a little different from what I've seen).


On Wednesday this week, Olympus signed a memorandum of understanding (MOU) with Japan Industrial Partners, Inc. (JIP). According to the MOU, both companies are entering into further discussions about the potential transfer of Olympus’ long-standing imaging business to JIP by the end of 2020.


JIP is a strong investment fund with a track record of success and has maximized the growth of many brands. JIP will use the innovative technologies and solid brand position of Olympus within the market, while also improving the profit structure of Olympus’s imaging business.


We understand you may have many questions, all of which we will work to answer in the upcoming weeks. We ask for your patience: we believe this is the right step to preserve our brand’s legacy, the products, and the value of our technology. Olympus sees this potential transfer as an opportunity to enable our imaging business to grow and delight both longtime and new photography enthusiasts and professionals. Olympus and JIP will continue discussions, and we are committed to providing full transparency about our intentions as the plans solidify.


We are grateful to all our customers for their loyalty and support for our products and their passion for photography. During the ongoing discussions, Olympus Imaging will operate with business as usual: we will continue to work on innovative initiatives for our customers and we will launch new products as planned.

Aki Murata

Is still or Was? (I don't know)

Vice President, Sales and Marketing
Consumer Products Group
Olympus America Inc.
 
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