Latest sample galleries
Latest in-depth reviews
The Everyday Sling might just be the perfect pack for not carrying too much gear, combining comfort with Peak Design's signature modern style.
Following months of speculation, Olympus has confirmed it will enter a partnership with Sony. Sony has bought 21.2m shares in Olympus, at a value of ¥31bn ($397m). The deal does not constitute a merger or takeover, but will see the companies work together and exchange technologies. Olympus President, Hiroyuki Sasa's statement explains 'In the field of digital cameras, we will seek to achieve collaboration in a manner that further improves the competitiveness of the two companies.'
The tie-up is likely to focus prinicpally on giving Sony access to Olympus' strong position in medical markets, with Sony saying it will bring its high-resolution 4K video and 3D expertise to the table. Meanwhile, it has also said 'We also believe there are many potential opportunities for collaboration between Olympus and Sony's digital camera businesses, and are confident that by building on our respective strengths we can also enhance and grow our presence in this market.'
Olympus Corporation (“Olympus”) and Sony Corporation (“Sony”) today announced that the two companies have entered into a business alliance agreement (the “business alliance agreement”) and a capital alliance agreement (the “capital alliance agreement”) through a third-party allotment of Olympus's common shares to Sony.
Comment from Hiroyuki Sasa, Representative Director and President, Olympus Corporation
“In line with its medium-term vision announced in June 2012, Olympus has been pushing to enhance its financial strength and weighing the possibility of a business and capital tie-up for greater business synergy in the core business domains of medical and imaging. In this regard, we have decided to form a business and capital alliance with Sony, which is strong in image sensors and other image-related technologies. Partnering with Sony will provide great advantage to Olympus and enable the two companies to exchange various complementary competencies. Investment from Sony will help strengthen our financial base. In addition, through this alliance, the strengths of the two companies will merge, certainly making it possible for Olympus to contribute to world medical progress by developing a variety of new medical devices that would not be possible by Olympus alone. In the field of digital cameras, we will seek to achieve collaboration in a manner that further improves the competitiveness of the two companies.”
Comment from Kazuo Hirai, President and CEO, Sony Corporation
“As part of our strategic initiatives announced in April 2012, at Sony we are aggressively pursuing the growth of our medical business, with the aim of developing it into a key pillar of our overall business portfolio. The business and capital alliances we have agreed with Olympus today will be integral to these plans. By combining Sony's cutting-edge technologies in areas such as digital imaging, 3D and 4K* with Olympus's long-standing experience and established foundations in the medical market, we believe that we will be able to create highly innovative and competitive products and generate new business opportunities in surgical endoscopes and other related areas where significant future growth is anticipated. We also believe there are many potential opportunities for collaboration between Olympus and Sony's digital camera businesses, and are confident that by building on our respective strengths we can also enhance and grow our presence in this market. All of us at Sony will spare no effort to ensure that the business and capital alliances, including Sony's investment in Olympus, will be a resounding success for both companies.”
*4K: More than four times resolution of Full HD. 4196 (H) x2160 (V)
Details of the business alliance agreement and the capital alliance agreement (collectively the “business and capital alliance agreements”) are stated below.
The business and capital alliances are expected to allow the two companies to combine Olympus's lens and optical technologies, as well as the strength of its brand and R&D, with Sony's broad range of technologies including digital imaging technologies and apply them in the rapidly growing medical market. Sony and Olympus anticipate extensive opportunities to create new products and businesses and contribute to the medical industry. In addition, Olympus and Sony plan to explore opportunities for collaboration between their respective camera businesses including transactions involving core components primarily for compact digital cameras, with the aim of enhancing the corporate value of each company.
The purpose of the business and capital alliances is as follows
(1) Medical Business
The companies aim to strengthen and enhance their presence in the market for medical products such as surgical endoscopes and video microscopes through the development of new medical products and businesses. The companies aim to do this by aligning Olympus's manufacturing and R&D expertise, brand recognition, global sales and marketing expertise in the area of medical products, and its lens and optical technologies, with Sony's strengths in digital imaging technologies such as image sensors and image technologies including 3D and 4K. In addition, by combining the know-how and products Olympus has developed in its medical business with Sony's strengths in audio visual solutions, the two companies aim to establish a comprehensive systems integration business that offers high value-added solutions for operating rooms and other medical arenas. In order to implement the business alliance in the medical arena as outlined above, Olympus and Sony have agreed to establish a medical business venture. (Please see “Details of Business Alliance” as described below, for more information.)
(2) Camera Business
The two companies also aim to enhance their competitiveness, primarily in the area of compact digital cameras, by exploring opportunities for mutually beneficial transactions and collaboration between their respective camera businesses, including the supply of Olympus technologies such as camera lenses and mirror cells to Sony, and the provision of Sony image sensors to Olympus.
In connection with the business alliance, Olympus and Sony have entered into a capital alliance agreement, under which Olympus will issue new shares to Sony through a third-party allotment. Under the terms of the capital alliance agreement, Olympus will issue 34,387,900 common shares to Sony through a third-party allotment (Sony's ratio of voting rights after the third-party allotment will be 11.46%, and the ratio of shares to be issued against the total shares issued and outstanding before such issuance will be 11.28%) in two tranches. The due date of payment for the first third-party allotment for 13,100,000 shares (“the first third-party allotment”) is on October 23, 2012, while the period of payment for the second third-party allotment for 21,287,900 shares (“the second third-party allotment”) is from October 23, 2012 to February 28, 2013.
The share price will be 1,454 per share. The two companies have also agreed that Olympus will make every effort to help ensure that a candidate nominated by Sony is appointed as a member of the board of directors of Olympus. For more information on the issuance of new shares through a third-party allotment, please refer to the related press release titled “Issuance of new shares through a third-party allotment and change in major shareholder” made by Olympus on September 28, 2012.
(1) Medical Business
|Name||To be further discussed and decided by the two companies (To be incorporated as a corporation in Japan)|
|Board members, etc.||
|Type of Business||(1)Development, engineering, manufacture and sale of the following products:
(i)New surgical endoscopes with 4k (or higher) resolution or 3D function, and related systems.
(ii)Any other products to be agreed between the two companies.
(2)Integrated solutions of medical and video equipment for operating rooms and other medical arenas.
|Stated Capital||JPY 50 million yen|
|Date of Incorporation||During December 2012|
|Accounting Period||From April 1 through March 31|
|Capital Ratio||Olympus 49%, Sony 51%|
* Details such as company name, location, net assets, total assets, etc. will be announced once finalized.
(2) Camera Business
The two companies aim to enhance their competitiveness, primarily in the area of compact digital cameras, by exploring opportunities for mutually beneficial transactions and collaboration between their respective camera businesses, including the supply of Olympus technologies such as camera lenses and mirror cells to Sony, and the provision of Sony image sensors to Olympus.
|Financial results for most recent three years (million yen)|
The two companies expect the impact of the business and capital alliances on their respective business performance to extend over a mid- to long-term period. The medical business venture is expected to become a consolidated subsidiary of Sony. The two companies are currently evaluating the impact of the business and capital alliances on their consolidated financial results and financial position for the fiscal year ending March 31, 2013.
Sep 19, 2015
Sep 23, 2015
Sep 23, 2015
Sep 18, 2015
The Canon EOS R is the first full frame mirrorless camera to use the new RF mount. We're well underway putting it through our range of standard tests – take a look at how it compares to the competition and our thoughts on using it so far.
When the Fujifilm X-T2 arrived, it was more than just a modest upgrade to the already impressive X-T1. While the new X-T3 hasn't changed the overall design of the camera, this model is way more than a minor refresh: it's a major leap forwards.
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.
|Saddle Bronc by Gerry Frederick|
from horsing around
|diamonds are forever by summicron|
|Reflections by Birdman50|
from No 6
After shaking up the Lightroom ecosystem with Lightroom CC last year, Adobe has released version 2.0 of the cloud-centric photo organizer and editor. We look at new features like People View, how far Lightroom CC has come in its first year, and where Lightroom is headed.
Today, at Adobe MAX 2018, Adobe previewed Photoshop CC on iPad, a full-featured, desktop-class version of Photoshop for iOS.
The weather and has most definitely taken a turn toward fall here, and our shooting opportunities have followed suit. We brought the Canon RF 35mm F1.8 along to a harvest festival of sorts and a few of our usual haunts.
Pennsylvania Governor Tom Wolf has signed House Bill 1346 into effect, which imposes a fine upwards of $300 to drone operators who invade the privacy or harm the physical wellbeing of citizens.
Sigma is a company in flux, but CEO Kazuto Yamaki is undaunted by the upcoming prospect of developing lenses for eight lens mounts. The challenge will be keeping the company's identity along the way.
If you've been meaning to convert all of your old photos, video, and audio to digital formats, but simply lack the time or willpower to get through it all, a new service from Kodak will help you get the job done.
Almost all new cameras include impressive video features, but for the best results you'll often need an off-camera recorder. Chris and Jordan take a look at the brand new Ninja V from Atomos, and explain why it might just be one of the most useful tools you can add to your camera.
Collect allows you to transform 360-degree into a more easily digestible format by transforming it into directed traditional videos.
Sick of using your plain ol' keyboard to edit your photos in Lightroom and Photoshop? TourBox is hoping to expedite your post-production workflow using a clever combination of dials, buttons, and knobs.
Bag and accessory manufacturer Hex has launched two bags as part of its latest collection: the Clamshell Backpack and DSLR Sling.
Crank out instant photos with Holga Digital's new analog printer, currently being funded on Kickstarter.
We got some hands-on time with Leica's new S3 medium format camera, which boasts a new higher-res sensor as well as other improvements.
Luna Display started its life as a crowdfunding project on Kickstarter. Now, it's available to purchase directly online.
We sat down with the Google Pixel camera team to learn about key new camera features on the Pixel 3 and Pixel 3 XL, and an explanation of the sophisticated software advancements that power them.
A lawsuit filed on Tuesday claims the cameras in Apple's iPhone 7 Plus and newer dual-camera models infringe on a patent that was granted in 2003.
Nikon's Coolpix P1000 has moved the zoom needle from 'absurd' to 'ludicrous,' with an equivalent focal length of 24-3000mm. So far, it's a fun camera to shoot with – if a bit over the top.
Like the LG V40 ThinQ the A9 combines a super-wide-angle, regular wide-angle and tele camera, but adds a depth-sensor to the mix as well.
The FAA has issued a warning to drone pilots in anticipation of disaster response following Hurricane Michael, noting that fines for interfering with emergency operations can exceed $20,000.
According to a report from Fortune, Apple acquired Danish masking technology startup Spektral in December 2017 for "more than $30 million."
Insta360's latest model comes with a range of features that allow for the creation of unique action cam footage.
The Photogrip can be used as a camera grip, mini tripod or phone stand and comes with a detachable remote.
At a time when manufacturers are adding triple and even quad-cameras to their flagship smartphones, Google is sticking with one main camera. But given the sophistication of the company's computational efforts, we think it's the right approach for now.
DPReview is hiring! We're seeking three Software Development Engineers at a range of experience levels to join our Seattle-based team.
The University of Dayton Research Institute created a video detailing what damage is caused when a drone strikes the wing of an airplane.
Lenovo's upcoming high-end smartphone will be the first model to feature four cameras on the back.
The Pixel 3 and Pixel 3 XL offer a second front-facing camera and a host of improved computational features such as digital zoom based on super-resolution capture, better depth mapping and a fill-light effect for low light portraits.
Canon has ported a large chunk of its Digital Photo Professional (DPP) Raw processing software's feature set to iOS and launched the DPP Express app.
The Panasonic LX100 II offers a higher-resolution sensor over its predecessor, but it's the addition of a touchscreen that makes the Mark II so gosh-darn enjoyable to shoot with. We've got some fresh samples from Panasonic's new premium compact camera.
Sony has announced a new "Alpha Female" program, a creator-in-residence opportunity that will award six-month grants to five female filmmakers and photographers.
The new 490, 492 and 492LCD are targeted at amateur photographers and come with a 4kg/8.82lbs payload.