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Thread: Sony bails out Olympus

  1. #1
    Join Date
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    Default Sony bails out Olympus

    http://www.engadget.com/2012/09/28/sony-olympus-rescue/

    "After months of speculation about who would step in to save the scandal-ridden Olympus' rocky fortunes, Sony has finally opened up its checkbook. The two companies are entering into a "business and capital alliance," with Sony pumping in $650 million to its former rival. In exchange, it's gaining a seat on the company's board and a 51 percent stake in a new joint venture based on Olympus's coveted medical imaging tech -- something Kaz Hirai outlined in his "One Sony" strategy. The deal also includes a component-sharing agreement in the photography space, with Olympus mirror cells and camera lenses being given to Sony, while image sensors (where Sony is very strong) will go the other way."

    o you guys think we will start seeing much better smartphone cameras from Sony
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  2. #2
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    Good job sony!!............
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  3. #3
    Join Date
    Sep 2005
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    To your question. NO! As a business view I doubt they would want to rival a market where they are already big player; ie Pocket cams. either way this tech that they just inherited aren't for mainstream audience to an extent. Medical imagery is a whole new ball game that comes with big $ and contracts.
    Zee
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