Panasonic reported as planning $630m stake in beleaguered Olympus
Published Jun 6, 2012
|
dpreview staff
Panasonic is finalizing a substantial investment in troubled medical and camera company Olympus, according to reports from Japan. The Kyodo news agency is saying that Panasonic will invest around ¥500bn ($630m) in the business - making it the company's largest shareholder. Panasonic has little presence in the medical market, so it seems likely the move is as much about ensuring the continuation of its partner in the Micro Four Thirds collaboration, which could have been jeopardized if the much-needed tie-up had been with a rival camera maker.
Earlier reports from Kyodo suggested that Olympus will announce an updated post-scandal business plan this Friday (June 8th), which could see a more formal announcement of such a deal. Olympus has repeatedly said it would seek a partner as it attempts to recover from an accounting scandal that had seen its share price plunge as it acknowledged losses of $1.7bn had been covered-up. Fujifilm, which also has extensive medical interests, was long rumored to be interested in a partnership.
Click here to read the Reuters report on the story
Update: Panasonic President Fumio Ohtsubo has subsequently denied the reports.
Click here to read about Panasonic's denial on Reuters.
|
|
|
|
|
May 20, 2015
|
Jun 5, 2015
|
Jun 2, 2015
|
May 27, 2015
|
Panasonic's premium compact DC-ZS200 (TZ200 outside of North America) boasts a 24-360mm equiv. F3.3-6.4 zoom lens, making it the longest reaching 1"-type pocket camera on the market. There are tradeoffs that come with that big lens, however. Find out all the details in our in-depth review.
The follow-up to the original K-1 is here, built like a tank like its predecessor, with improvements to AF Tracking. However, we find that image quality takes a hit with some tweaks Pentax has made.
The Hex Raven DSLR bag holds a ton of gear and employs a low-profile design that doesn't scream "I'm a camera bag." We think it's a little too bulky for everyday use, but makes for a great option when traveling with a lot of gear.
The Sony a7 III sets a new benchmark for full-frame cameras thanks to its compelling combination of value and capability. It's at home shooting everything from sports to portraits, and is one of the most impressive all-around cameras we've seen in a long while. Find out all the details in our full review.
Canon's new EOS M50 mirrorless camera offers 4K video capture, expanded Dual Pixel AF coverage and improved connectivity. We've taken a closer look at these features and more in our in-depth review.
What's the best camera for a parent? The best cameras for shooting kids and family must have fast autofocus, good low-light image quality and great video. In this buying guide we've rounded-up several great cameras for parents, and recommended the best.
What's the best camera for shooting landscapes? High resolution, weather-sealed bodies and wide dynamic range are all important. In this buying guide we've rounded-up several great cameras for shooting landscapes, and recommended the best.
What’s the best camera costing over $2000? The best high-end camera costing more than $2000 should have plenty of resolution, exceptional build quality, good 4K video capture and top-notch autofocus for advanced and professional users. In this buying guide we’ve rounded up all the current interchangeable lens cameras costing over $2000 and recommended the best.
Video features have become an important factor to many photographers when choosing a new camera. Read on to find out which cameras we think are best for the videophile.
What's the best camera for taking pictures of people and events? Reliable autofocus, good image quality in low light, and great colors straight from the camera are all important. In this buying guide we've rounded-up several great cameras for shooting people and events, and recommended the best.
Comments