Olympus completes transfer of imaging business to JIP

GaryPageau , ,

Olympus Corp. concluded the previously announced transfer of its Imaging business to Japan Industrial Partners Inc. (JIP) on Jan. 1, 2021. With the completion of the transfer, OM Digital Solutions Corp. takes over the Imaging business from Olympus. Heads of sales and marketing and R-and-D for imaging products will be relocated to the headquarters of OM Digital Solutions Corp. Production will continue at the facility in Dong Nai province, Vietnam, where imaging products have been manufactured since 2008. OM Digital Solutions Corp. will continue to provide customer support for the imaging products which have been manufactured and sold by Olympus.

”OM Digital Solutions Corporation will develop and introduce unique products to create new value while continuing to provide high-quality, highly reliable products, including the Zuiko and OM brands, which are grounded in optics and digital imaging technologies cultivated by Olympus over many years as well as IC recorder that combines advanced digital voice and sound recording technology with comfortable operability,” said Shigemi Sugimoto, representative director and president, OM Digital Solutions Corp. and former Imaging Division Head of Olympus.

“The Imaging business has been at the heart of Olympus since the launch of our first camera, the Semi-Olympus I in 1936, so I am delighted that it will continue to develop and thrive under OM Digital Solutions Corp.,” added Yasuo Takeuchi, president and CEO, Olympus Corp. “Following the transfer of the Imaging business, Olympus will concentrate on Medical and Scientific Solutions, in our ongoing efforts to become a global med-tech company which offers products and services to make people’s lives healthier, safer and more fulfilling.”

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Gary Pageau is principal of InfoCircle LLC, continuing his marketing communications career. InfoCircle LLC is a marketing and communications consulting firm, specializing in business-to-business markets. For nearly 25 years, he was with PMA International, serving most recently as Publisher, Content Development and Strategic Initiatives. His primary responsibilities included overseeing the Association’s editorial department, marketing research unit, education and corporate relations department.