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AIR06

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Apr 20, 2012
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Olympus Exits the Camera Business
After a year of rumors, denials, and backtracking, it’s finally official: Olympus is exiting the camera business after an 84-year run as one of the world’s most recognizable brands in the industry.
In a notice published to its website today, Olympus announced that it has signed a memorandum of understanding to sell its camera division to Japan Industrial Partners (JIP), the same investment firm that acquired Sony’s VAIO PC business back in 2014.