Tag: JIP

Olympus completes transfer of imaging business to JIP

January 2, 2021January 5, 2021 GaryPageau JIP, Olympus Corp., OM Digital Solutions Corp.

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... Read More

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Olympus agrees to imaging business transfer to JIP

October 1, 2020October 8, 2020 GaryPageau JIP, Olympus, OM Digital Solutions Corp.

Olympus Corp. concluded a definitive agreement with Japan Industrial Partners Inc. (“JIP”) regarding the transfer of the Olympus Imaging business. Under the previously announced agreement, Olympus will transfer its Imaging business to a newly established wholly-owned subsidiary of Olympus (the “New Imaging Company”), through an absorption-type split. This is to be followed by transferring 95% of the shares of the... Read More

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New Olympus owners to retain brand “for time being”

September 11, 2020September 14, 2020 GaryPageau JIP, Olympus

Camera fans are wondering what will become of the venerable Olympus brand following the completion of the acquisition of the camera business from Olympus Corp. by investment firm Japan Industrial Products (JIP). An interview with Toyokaeizai Online, JIP managing director Shinichi Inagaki made some definitive statements about JIP’s commitment to the category, past products and to the Olympus name. “The Olympus... Read More