(FT2) Hot (false?) rumor: Panasonic to buy Olympus imaging division???

Before you read the rumor: This is a rumors website. Always keep your feet on earth. In that case the rumor hasn’t been confirmed by my trusted sources so it’s based mostly on rumors from external websites!
A couple of weeks ago a trusted source told me that he wouldn’t be surprised if Olympus would sell his camera division. It was just a chat and he didn’t explain me why he thought that. In the meanwhile I got a rumor from a new source a while ago saying that Panasonic could buy the Olympus imaging division. I didn’t post that rumor simply because it came from one single unknown source. But now the rumor is spreading around the web on other websites too. So it’s time to post it with a very low credibility ranking of “FT2” (=rumor from non reliable and unknown source).
According to those rumors Panasonic is negotiating the acquisition of the imaging division from Olympus! And we have been told that Olympus first reaction was “positive”. At SLRclub (Click here) some secret Olympus source said that Olympus wants to keep their highly profitable and healthy medical business.
At that point I want to repeat once again that the rumor is unconfirmed! And if you ask my opinion, I really do hope it is NOT true!
Reminder -> Rumors classification explained (FT= FourThirds):
FT1=1-20% chance the rumor is correct
FT2=21-40% chance the rumor is correct
FT3=41-60% chance the rumor is correct
FT4=61-80% chance the rumor is correct
FT5=81-99% chance the rumor is correct




peter
2 years ago |Maybe this is the reason, why Pana’s new cameras are just for livestyle and for beginners, they take Olympus as a real photographer brand for hi level? that would be nice.
otherwise, if they use the know how for better kameras under the pana logo, it would be good to…
tmrgrs
2 years ago |SLRclub has a notorious reputation for spreading false rumors and it amazes me that this latest one has been repeated here. Hope you’re willing to eat some crow if it turns out to be false which is very likely. This is a great site with a nice reputation for providing valuable and timely information and it makes me shake my head when seeing you jeopardise that reputation by repeating something like this without any credible indication that it’s true.
Bryan Brunton
2 years ago |Not going to happen.
How much would money would the medical and scientific branches of Olympus have to sink into advertising to recoup the name recognition that comes via the camera division?
In the past 2 years m4/3 and Sony have taken huge amounts of market share from DSLRs. You think they would sell when the tide is rising and they have a chance of unseating Canon/Nikon?
TempTag
2 years ago |I would think between Lumix and Olympus the Olympus name is far more valuable and recognized amongst both camera enthusiasts and the general public…
MJr
2 years ago |I love olympus, but maybe just because i cannot forget the OM system, as for m43 the fact is that Panasonic is doing very very well with their cameras (not better per say), but i wouldn’t mind them joining forces because this competing with each-other isn’t doing either any good. They’re both doing essentially the same thing, now that Oly doesn’t even have retro styling anymore. Can’t say the same about Nikon vs. Canon, they could never get along.
Nathan
2 years ago |The APS system has a larger image circle because the 3:2 format, coupled with the larger sensor produces a larger diagonal, and it’s a significant difference. This is why the NEX lenses are so much larger than the 4/3 and u43 lenses. 4:3 fits better in its image circle, wasting less image area. The optimal design, of course, would be a square image sensor whose corners protruded outside of the image circle, with multiple aspect ratios drawn from circle edge to circle edge. (or from vignette limit chosen by manufacturer) But that approach would be expensive.
flash
2 years ago |Last quarter shows a profit.
slightly less sales but much more profitable.
Here it is the quarterly summery. http://www.olympus-global.com/en/corc/ir/brief/pdf/n110805aE_n.pdf Looking at more detailed information confirms that the division is doing ok.
Pixnat
2 years ago |Don’t get me wrong, Panasonic make nice cameras and lenses (and I really enjoy the 20mm f/1.7), as Sony do too.
But they’re a General Electronics Company, before being a camera maker or optical company.
They came in photography business in the digital era, and they were clever enough to make agreements with Olympus and Leica, two excellent traditionnal optical companies.
Maybe I’m a bit retrograd, but for me a Leica or an Olympus camera (or even a Canon or Nikon) will always have a different aura than a Panasonic or Sony camera.
They have different philosophies.
But sadly, I concede, Panasonic and Sony are much better adapted to today’s Consumer World. They have excellent maketing departements and really know how to promote their so-called strong points.
But think : without the photographical knowledge of Leica and Olympus, would Panasonic be a strong player in photography as it is today? No,of course, and the same goes for Sony and Minolta.
And that makes me sad : giants electronics companies are eating the smaller ones. It’s a big loss of diversity in the photography industry, and losses of diversity are always bad.
We could well end in some year with only Sony, Panasonic, Canon and Nikon as camera makers, and even maybe Sony to buy Nikon…
kesztió
2 years ago |“And with as heavy software corrections as in m4/3 lenses also APS-C lenses could be shrinked in similar fashion basically returning optics size difference back to square one.”
Repeat. Valid just for mirrorless systems. The old dslr systems make software corrections very-very problematic.
Esa Tuunanen
2 years ago |> I have a hard time believing they would immediately adopt the worse features of both companies.
You’re yourself pushing for it.
> The advantage to the 43 sensor is that you can make smaller bodies…
BS, APS-C sensor isn’t that much bigger and Sony has shown that you can cram it easily into as unergonomically small body… basically even FF sensor would fit with growing integration of electronics.
And the cold fact just happens to be that for ergonomic full controls body minimum size is set by human anatomy meaning differences between systems are mostly in size of optics. (don’t generalize small body and lens for casual shooting into whole system)
Olympus chose sensor size because it allowed very high quality lenses without making lenses bigger and even standard 4/3 kit lenses were above average APS-C optics while being more compact.
Without that high quality optics very few would have had the slightest interest in E-5.
And with as heavy software corrections as in m4/3 lenses also APS-C lenses could be shrinked in similar fashion basically returning optics size difference back to square one.
Klaas
2 years ago |no it´s not profitable…. do your homework.
pdc
2 years ago |Nicely thought out rationale. Next 6-18 months should be very interesting. My bet is we’ll see Panasonic/Sony/Samsung further solidify their dominance of MILC systems through acquisitions and brand rationalization. Hopefully we will see Fuji and Ricoh alignment with these big boys. Will Toshiba also get to play in this sand box? Sure glad I’m not carrying significant Canikon DSLR baggage.
K
2 years ago |I hope this is true. Oly been listening to the wrong advice and targeting the wrong segment. Hence it’s bleeding.
greyhat
2 years ago |@SteveD
If this is more than a rumor it may happen that the consortium continues… with Fuji adopting mu43 for mirrorless X100.
@admin
any news?
We all know that Olympus CEO is an European that promised profit to shareholders ASAP (not a Japanese with loyalty to a brand); if Camera Division is still NOK after some months and after launching new “revolutionary” products, this means SALE and keep the cash cow (Medical Division).
An alternative is Fuji or Ricoh buying Olympus.
DebuTodo
2 years ago |If Panasonic to purchase Olympus, the Olympus Brand name will probably be eliminated like what they are trying to do with Sanyo after the purchase. So called streamlining. Will anyone going to use Pen or E-7 with Lumix Logo? I won’t.
flash
2 years ago |Don’t believe it. If Olympus is to sell its image division there are better suitors. As now the division is profitable , it probably is not for for sell. For mFT users it will mean less choices if it happen.
Snowbird_UT
2 years ago |I guess my first and last Oly will be my E-1. Its a heck of a camera but I doubt it will ever have a worthy follow up. I had hoped that Oly would get a Fuji sensor for the next go ’round. I really am not a huge fan of the Panny sensors. My L1 cameras are nice but they need raw to get something good out of them. The PL lenses on the other hand are great but if Panny gets the Zuiko then that maybe the end of the Leica deal. I think this sucks all the way around.
iluvhatemail
2 years ago |I love both companies but cant bear the loss of yet another camera great to acquisition. Still sorely miss minolta.
Steve-O
2 years ago |It could be good, having Panasonic’s deep pockets and electronics/video expertise combined with Olympus as more of a boutique division producing mFT’s with IBIS, latest Panny sensors and Olympus processing. I could see a line-up like this:
1) Panny pro-spec wethersealed alloy bodied DSLR style mFT at GH size
2) Olympus pro-spec wethersealed alloy bodied rangefinder mFT
3) Panny GH series for under $1000 quality video
4) Panny G series for those wanting a compact DSLR style body
5) Olympus E-P5 with flip OLED, built-in EVF, 16 MP sensor & under $800
6) Olympus E-PL5 with flip 3″ usable area LCD, flash, 16 MP sensor, $650
7) Panny GF-5 basic and small body but with buttons, flash, 16 MP, $500
Then, to make things really interesting:
1) An Olympus E-6 at K-5 size/weight with GH3 sensor/Oly processing, $1250
2) An OM-T1 (T for “tradition”) with same featureset as E-6, but E-6xx size/weight, no weathersealing, 16 MP sensor/Oly processing, $750
Olympus has the SG/HG/SHG FT lenses which, if updated and with a known future for the format would again sell well, along with a great set of mFT lenses which Panny could now sell for less than their OIS series, further expanding their market share.
As for IBIS, Panny could now bring this into their bodies as well, giving users the option of using OIS or IBIS depending on the application (OIS for video, IBIS for legacy and stills).
This could be a lot of fun for their enthusiasts and work well financially.
Miroslav
2 years ago |They’d drop IBIS because they are committed to in lens image stabilization: http://www.43rumors.com/panasonic-has-no-plan-to-make-cameras-with-built-in-stabilization-pro-cameras-coming/ . I doubt they would have two lines of bodies – rangefinder shaped with IBIS and every other shape without it.
Paulus
2 years ago |For a loyal Olympus Fan this would be a sad day.
I would prefer a closer corporation of Olympus and Panasonic in core technologies. 80 % of all M & A fail.
If it would be a “hostile takeover” it would destroy a lot of the motivation of the best Olympus engineers and optical specialists in the next years.
Far more important than an Olympus-Panasonic M&A is the future success of Micro Four Thirds in US and a bundling of all forces.
Look at the Sony Nex performance on amazon.com (US).
Dummy00001
2 years ago |But can you use lenses from one mirrorless systen on a body from another?
Competition is there – but barrier to switch to the competition is often way too prohibitively expensive.
Trevor
2 years ago |Yes, like it would be terrible for HP to promote someone up to CEO from the server division and then chop off the PC division. Oh, no wait, that’s exactly what they did, and it’s exactly what the market expected them to do. The market expects that you hire someone as your chief executive who understands your core business and who will focus on your core business. For Olympus, sad to say, that’s no longer cameras.
SteveD
2 years ago |The good is that Panasonic and Olympus often seemed to have complementary strengths and weaknesses. I have a hard time believing they would immediately adopt the worse features of both companies.
The problem is that 43 ceases to be a consortium and becomes just a company. Mu43 will be fine, but 43 will be gone. The only thing 43 has going for it is that Olympus makes nice cameras and Olympus will be gone. There is no advantage to having a 43 sensor in a full size DSLR body because then you are just going head to head with APS-C. You immediately give away the primary advantage of the smaller 43 sensor. The advantage to the 43 sensor is that you can make smaller bodies and that’s what mu43 is all about. The E5 is a a great camera but that’s because of Olympus and not the 43 format. Panasonic might keep 43, but I just can’t see why.
YouDidntDidYou
2 years ago |extremely strange timing for this “rumour” to surface (just after the new Sony cameras were launched) I would rate this as a minus FT5 rumour!
kesztió
2 years ago |Software corrections essentially can be performed just for live view only cameras. So no wonder that the first system which allowed software corrections was the m43.
EvoltPen
2 years ago |Personally I don’t believe this rumor. Actually I would like to believe it, because I believe it would benefit both Panasonic and Olympus.
I would like to add that sometimes it is wise to think to work together. Could be that Panasonic and Olympus aren’t that far away to work more close in future and make them both stronger what ever brand name they start use. Maybe they have been planning this for long time, you never know.
Xoom had good opinion. This could be some kind of deal where Panasonic buys more than 50% of Olympus and keep brand name running. They might have plan where they work together with different kind of models and segments.
amalric
2 years ago |Discuss what exactly?
A piece of code that might be as destrucive as a virus circulated by an enemy company?
There are better ways for a journalist to air question marks *but look for corroboration*
There is none of this here, only the propagation of a false alarm.
With huge consequences. For this very reason there have never been leaks of mergers until the very last moment, because companies and stockholders could be damaged.
Besides the sites quoted were probably having one and the same source, so not the shadow of a cross checking, but just viral amplification.
Very easy way to make money with links. I am aghast – you have not the most elementary ethics of PJ.
EvoltPen
2 years ago |I think this rumor is false and it is not true since camera division is profitable and mirrorless is still growing. Why they would sell it now? I don’t think that they would benefit much by selling camera division times like these.
As their customer I wouldn’t care what hapen, but I like Olympus and want them to continue. They make best cameras for my use. I know I can still use most of my stuff with panasonic cameras. My biggest lost would be wireless flash TTL and in camera IS. Wireless flash problem I can easily solve by using triggers.
Z
2 years ago |Pros and cons:
Potential to merge technologies and make a great combo 16mp camera with in camera IS, great jpgs, great video, viewfinder etc…
However unless both R&D teams are kept intact (no one fired) it would slow down progress.
I hope this does NOT happen.
babbit
2 years ago |That’s the whole point of FT2 rumors. If this site only had FT4 and FT5 rumors, then it’s not a rumor site at all. It would become a news site only, and if you want camera news only, there are plenty of sites that provide that.
The whole point of this site is to discuss news AND rumors whether they are true or not…especially at the FT2 and FT3 stage. Many rumors start off as FT2 limited sources and then get upgraded as more evidence comes in, so FT2 is not automatically crap. And if the author was able to get more sources, then it wouldn’t be FT2 now would it?
MichaelKJ
2 years ago |I think your opinion of Japanese business practices is outdated. Panasonic had major layoffs earlier this year which goes against the stereotype that companies in Japan provide lifetime employment.
Although Panasonic would keep the Oly name, I doubt it. It bought Sanyo and kept its name alive, but that was because its products don’t compete with other Pany products. Can you think of a corporation that currently owns two camera divisions with different brand names?
nikclick
2 years ago |Esa Tuunanen – you are not correct.
Software correction is part of the integral design of the lenses. All lenses incorporate some kind of correction. The old fashioned way is to try to do that optically. The modern method is to do it digitally. As long as the final results are good, it doesn’t matter how they are arrived at.If Panasonic could take the bottom off a beer bottle and correct it to a stunning lens, that is fine.
Digital correction is only part of the reason the lenses are small and light, not the whole reason.
Finally, your wording “spewing out basic software corrected lenses and consumer products” shows you have contempt or maybe fear of the system. If this is the case, I’m not sure why you are even posting here?
Zune
2 years ago |Wye not Panasonic will produce nMOS sensor to Leica, if the need.
No i think Panasonic will stay on 43 sensor size.
amalric
2 years ago |FT2 Rumor = CR*P
Apparently there are not two let 3 independent sources to this rumor, so there is no way of verifying the information.
That’s the limit of a site of rumors. The pages are so full of commercial links that we see that TRUTH is only a secondary concern after marketing.
Such a momentous exposure of Olympus suicide would deserve some investigative work, if true.
Instead it is carelessly thrown to the sharks, hoping that it will multiply the clicks.
No integrity, no work to clarify what is really happening. Cheap site.
jim
2 years ago |Yes and no….. yes the more space a pixel has the more photons it collects, but… the newer high res sensors are far far better with even smaller pixels… look at the E1 5mpix v the GH2 16 Mpix… E1 can only do 400iso at the same quality as the GH2 at 1600ISO!
jim
2 years ago |I think the pen menue is good…. i just take 30min to set up what i want and then just use the super menu from there on – eanything u need in a flash…. bar bracketing
quiquelbola
2 years ago |I hope it doen´t a real thing. In the case that it´ll be certain at least for me it.ll be a very, very bad news. We´ll have lost a real photograpic maker and susbtitute it for an gigantic electronic and electrodomestic producer.
Kylberg
2 years ago |…like Sony, Samsung, Fuji and Nikon….. There is still plenty competition in this segment!
Esa Tuunanen
2 years ago |Now if that average optical quality would just show in price like in APS-C/FF optics.
And if software corrections are allowed also lenses for those can be made similarly smaller so there’s no more real size advantage than that from smaller image circle/sensor.
Mr. Reeee
2 years ago |The PEN menu system interface needs a LOT of work. Luckily, it’s at least usable unlike the NEX mess of an interface.
Mr. Reeee
2 years ago |There’s really only ONE Pen consisting of 9 skins with minor variations.
Keep the EP3 and EPL3 (best of the Oly lot) and actually cancel the rest. Imagine that!
Oly’s P&S lineup is even more incremental and incomprehensible.
Mr. Reeee
2 years ago |+100
Zune
2 years ago |Medical divistion and idustrial divistion, need also optical and image teck.
Mr. Reeee
2 years ago |Exactly.
Standardize on the Olympus accessory port instead of 2!
FAR LESS lens repetition. Weed out the dross, like the crappy 14-42mm lenses, the 17mm and the plethora of mediocre mid-range zooms. That would dramatically reduce the number of Olympus lenses right there and allow for a greater range of higher quality lenses. MORE, BETTER PRIMES!
Ditch fluff features like “art” filters and scene modes.
Zune
2 years ago |If Panasonic need Olympus is the in 2005, not in 2012
JeremyT
2 years ago |Panasonic only got out of full sized Four Thirds recently (see the discontinuation of the 25mm). I think they still have stuff in the supply chain but it’s all discontinued. If they were interested in Four Thirds, we would’ve seen something before now.
For Olympus, it probably makes sense; they’re having a lot of financial trouble and they’re struggling. I don’t really see what Panasonic gains here though; what does Olympus have that Panasonic doesn’t? They already make the sensors, they already make their own lenses, they make their own bodies… their AF system is *almost* as good.
Maybe they have manufacturing issues or something. We’ve seen lots of delays on Panasonic products actually making it to market; maybe Olympus would be better. But I don’t really see much of a motive for this move, to be honest.
Zune
2 years ago |If Panasonic need Olympus image divistion, so is the in 2005, not the year 2012
Zune
2 years ago |+100
Techfreak
2 years ago |Not sure, that this is good – there should be competitors
Ulli
2 years ago |The only change would be the launch of 16 mp PEN’s
so Olympus would be in line again with the megapixel race
xoom
2 years ago |+1
Just me
2 years ago |A rumor doesn´t become more likely to be true just by spreading it.
You should be aware, that spreading the rumor you get responsible for it, even if you did not start it. Think about the possible consequences, i.e. for the shareholders and the reputation of the firm.
Greetings
Christian
Michael Meissner
2 years ago |On the other hand, Panasonic has also been losing money in the camera division, due to cut throat competition. Both Olympus and Panasonic historically have made more money in the point & shoot arena, and smart phones are now completely destroying that market.
Esa Tuunanen
2 years ago |> 1 weather sealed pro body (then Panasonic has got the ingineers, that developed the E-5 ) with the amazing controls of the GH2
Most important aspects of the ergonomy/controls are only at the level of lowly Canon 600D in GH2 and its wannabe DSLR EVF position is missed opportunity to improve ergonomy so using GH2 as model for enthusiast/high end body would be Titanic-class disaster… And actually those small drive&focus mode and power on-off levers aren’t easy to use with any kind gloves or cold fingers.
Besides weather sealed pro body also enthusiast class body needs proper direct controls/ergonomy to able to challenge DSLR/Sony SLTs.
xoom
2 years ago |In my opinion, both Panasonic & Olympus (imaging division) would benefit in this exercise.
Unlike US or European model of business merger & acquisition, Japanese are usually very different in their approach. They usually act as the Big Brother in most cases. Normally,they usually will not downsize the company/division (being acquired). Panasonic has a good record in acquiring smaller companies & injecting capital for more R&D & sharing their own knowledge to turn the companies around for further growth.
If this is true, I think Panasonic will not acquire 100% of the division but only majority stake & keep the Olympus brand alive.
These exercise will benefit Panasonic definitely, as Olympus Imaging division has their own technical strength. Olympus current distribution channel could also benefit Panasonic very much.
IMHO IF this rumor is true. I think it is a positive future for m43.
just my ¥1
Björn Utpott
2 years ago |There’s been a steady trickle of reports that Olympus has been losing money with its camera division. I would be sad to see Olympus absorbed by Panasonic, but the hemorrhaging can’t go on forever. A mount shared by two or more independent camera manufacturers is rare and one of the benefits of MFT. There’s more choice due to each of the companies taking different approaches.
kesztió
2 years ago |Well, the question is whether lenses REALLY need to be such good (hence big). I think software correction is a welcomed feature as lenses can produce really good results even when optical parameters are not all stellar, so they can be smaller and/or cheaper.
Esa Tuunanen
2 years ago |4/3 lenses are big only if you forget their generally very high quality.
Not all Canon L lenses have such a high quality and level of average Canon lenses is well below overal quality of 4/3 lenses.
In comparison there’s not a single m4/3 lens which could be called actually good without all software corrections. Unheard for even mediocre prime (not to mention premium lens) 12mm f2 has geometric distortion which is off the usual charts and double the worst of 4/3, plain average vignetting at full aperture and also chromatic aberration would be average without software correction.
Olympus camera division could definitely benefit from available new resources and there is/has been lot of unnecessary duplicacy inside m4/3 but as Panasonic is consumer electronics company run by marketroids its doubtfull they would ever develop m4/3 into actually full system covering all needs (outside uses needing FF/MF) from compact bodies and lenses to full ergonomy and direct control bodies with actual quality lenses.
More probably they would just continue spewing out basic software corrected lenses and consumer products.
emde
2 years ago |ever hear something of viral marketing?
who could benefit from such a rumour (even if it were true that both companies were discussing such an acquisition)? Panasonic? No. Sony? Indeed. Samsung? mabe also.
At least some readers (and those rumors spread quite quickly) will reconsider their intention to buy one of the new (and avialable) PEN bodies and maybe wait for the (last week anounced) SONY bodies. See, what I mean?
Sometimes you should think which rumours to publish and which not. Any rumour on new products is good. Rumours on business transactions are a different field, especially considering the FT2 rating.
Kylberg
2 years ago |This rumor has rationale:
Two brands sharing one system platform means a risk that twice as much are spent on developing one, same solution.
Olympus has creativity but lacks financial muscle. (Thus not much really happened on camera side since the E-P1)
Panasonic has muscle and want to compete with Canon, Nikon, Sony in market shares. To do that they must climb higher up – to the pro level. The m43 is only one platform for ILC cameras. Pana must get into bigger sensors to achieve it’s goal.
(Meaning the “E-5 replacement” could be an FF or DX branded Olympus and/or Panasonic.)
Panasonic aquisition of Olympus must not mean “brand extinction”; on the contrary both brands can live on.
marilyn
2 years ago |from what i heard bigger pixel means better ISO performance…
jim
2 years ago |very good for what it is but it is only a 1600 iso sensor… sony and even panasonic are pulling ahead – ok most shots are sub 1600 but when you need it it goes to another brand! and despite what oly says with 12mpix being enough… its not… Face it if oly had a 16-18mpix good 6400 iso sensor then no other camera would get a lookin!
www.MilosJanata.com
2 years ago |Take the best of both, make a dream camera!
jim
2 years ago |yeh but if they don’t do m43 then they are head to head with sony, and sony will be more powerfull…. fujix100 has not shown anyone anything… say niche product!
David Irisarri Vila
2 years ago |Hmmm, I wonder where is this rumor coming from? It´s a good attempt to harm Olympus but in my honest opinion, this is a clear sign that something is not going very well inside Panasonic.
We must remember that Panasonic revenues are going down; in April 2011 it was announced Panasonic will cut another 17,000 jobs and close up to 70 factories around the world over the next two years.
This is the last year of Olympus “embargo”, now Olympus will be able to fly alone and buy the sensors they want. Obviously Panasonic must buy Olympus, otherwise things are going to change dramatically. Olympus has been very smart until now because Panasonic has the money to make MFT to grow up, thus Olympus don´t have to create all these lenses for MFT.
I think Olympus is prepared to take the lead!
Certainly this rumor is really funny.
alexander
2 years ago |thes are allready ONE, in my mind…
Weiaperture8
2 years ago |It would be making non-sense to hire a successful guy from the medical division just to chop the imaging division off. What’s the point of hiring that guy then? The previous CEO could do that already and let Olympus be only profitable from one division. To me it just makes no sense. If Steve Jobs was to get rid off the computer department which makes terrible market share at the time when he returned to Apple, apple wouldn’t be what it is today! All Olympus need is to focus on their resource to make one or two fine cameras that keeps the fans stick to the brand and that would be enough to keep them profitable.
TempTag
2 years ago |Interesting rumor but I hope it is not true. One of the benefits (in theory at least) of 43s and m43s is that two companies would compete which drives innovation and improves the 43 spec while still producing products that are largely compatible. One company ownership would make 43 and m43 far less interesting.
Luke
2 years ago |I enjoy speculation. I would think they could keep both brands running and just have lower overhead by eliminating redunancies.
Kenzo
2 years ago |canon or nikon doesnt need to join m43. coz sony and fujix100 showed them there is a way to at least match them in camera size and beat them in picture quality.
carpandean
2 years ago |This would be like some hot, but dumb as a box of rocks model marrying an incredibly smart, but ugly billionaire. Hopefully, the kids would be hot and smart, not dumb and ugly.
I’m sure Panasonic reads the reviews. “The OOC jpeg colors for the G3 are the best so far from a Panasonic camera, but still aren’t as nice as Olypus’ colors.” Post purchase, all cameras get Oly’s jpeg processing. I’m sure they know that the retro styled Pen has a big following. So, they plop their sensor in it and tweak the controls, but otherwise keep that as one model. There would likely be just one successor to the E-PM1 and GF3, and some other consolidation in the lines. I don’t know if it would be a good thing or not.
I have two bodies and 5 native lenses, but they’re all Lumix. The only Olympus lens that I would consider is the 12mm, because IS doesn’t help much at shorter focal lengths (and it’s a really nice lens.) I do like a lot of things that I see on the other side, but it’s not a simple switch, primarily due to the difference in stabilization. Were I to buy an Olympus body (not likely after the E-PL2 form was not carried over to the third generation), I’d sell most of my Panasonic lenses and buy Olympus ones.
Stu5
2 years ago |Would be a surprise as it would not make sense for Panasonic. They are out sourcing some M43 manufacturing to Olympus as it is, which saves them money from having to set up new factories themselves. This would increase their costs.
If this info has come Samsung it would make sense as they are probably trying to stir it. It would be a very good false rumour to put out.
Frederick Hew
2 years ago |I have a G3 (recently upgraded from a G1) and use Olympus 43 (reflex) lenses.
It’s a shame Oly did not integrate two systems (unlike Sony with its upcoming pdaf adapter), and that none of its m43 lenses performs on a similar level.
Frederick Hew
2 years ago |The sad thing for Olympus is not being bought by Panasonic (if that ever happen s), it is losing it’s way.
It’s a shame that Panasonic has been consistently producing better cameras and lenses. Olympus’ products do not make so much sense anymore, especially for a company with a tradition of producing brilliant cameras and lenses.
kesztió
2 years ago |You’re perfectly right.
I sould think about my G3 – is that in fact a microwave owen? Or rather a DVD player? I cannot decide…
Chris
2 years ago |Konica/Minolta was sold to a consumer electronics giant…
hlbt
2 years ago |The “rumor” is entirely off the mark. There’s an interview with Mr. Woodford on a Japanese business magazine Zaikai (June or July issue — and this is a relatively esoteric publication). He says something to the effect of the following: the Imaging Division went through an extensive overhaul of priorities, and he’s optimistic about the future as latter 2011 onwards should see the company finally benefiting from the new work that took place behind the scenes amidst the immediate cost-cuts.
gelo
2 years ago |Few correction/addition for the google translation that admin might have used:
According to slrclub:
– Oly offered the merge to Pana. Not the other way. Pana is the one who is positive to the initial offer.
– It inclues their imaging division (cameras) and life science division (camcorders, voice recorders); medical and industrial system div are not part of the deal, where most of their profits are generated (their imaging division has been losing mony for a long time)
- This information was leaked from an insier of S (possibly Samsung)
It’s jsut a rumor and even though it’s true, deals always brake. So take it with a gain of salt.
Jerry
2 years ago |The sensor on the E-P3 is a very good one capable of excellent output. Yes, it can’t compete at the highest ISO level but combined with excellent lenses, fast focusing, accurate metering and elegant design its a very good camera. I had my worries before I purchased it but the hands on experience has been very positive. And going forward it will only get better.
Disraeli
2 years ago |If they don’t start building real cameras again sometime soon, could happen.
matt
2 years ago |yes i know..but i think the 4/3 bodies and lenses are still too big and bodies are too old to make people change their gear.. look at the new panasonic X 45-175 … if it would have a canon L optical quality (maybe better) and it would be fast enough for maybe the same price as canon alternative and there would be pro bodies available from panasonic with revolutionary senzor (global shutter, low noise, higher dynamic range)i´m sure people would buy it and they would like to have the same optical quality but for a half the price and half the weight.. but they need to work hard and not to make the same lens oly has for better price.. i have many friends which dont like to carry all that heavy stuff when going shooting nature .. micro 4/3 can became also comfortable for pros..
jim
2 years ago |its a shame because the only thing that lets oly down is sensor performance! Bar that i think they rock… and yes i realy like the odd menu system they have – far mor custom than anyone else… they could be very strong in the semi/pro segment if they could get a good sensor…
jim
2 years ago |i doubt canon or nikon can beat sony at what its doing – basicly making an imaging computer, not a traditional camera – m43 only holds in there because of size + quality of lenses…. canon would be best off joining m43
– not gonna happen!
m43 has too much of a lead and sony will clean up in all other respeects… would not be supprized if this is the start of the end for the big 2!
Duarte Bruno
2 years ago |True about Sony, they have been successful, but their plans to bring FF to mirrorless and progress on EVF might indicate a turn of events for their DSLR line.
I wouldn’t be surprised if they use their sensor advantage to kill their DSLR line while migrating to SLT.
jim
2 years ago |+1 oly kit leses is actualy very good for a kit lens!
Marilyn
2 years ago |I heard that rumor also from a distributor hear and one dealer from the philippines olympus might concentrate on point and shoot and p&s semi pro
JF
2 years ago |300mm f4 means a 75mm aperture which is not very small… Ok maybe it’s small compared to the canon 600mm f4 but, in and of itself,it is a very big lense ! a “nice baby”
Ant
2 years ago |It’s been busy month recently.
that Google bought Motorola and HP’s PCG might be on sale thing. Why not do ride the flow and make rumours about Panasonic and Olympus.
Wishful thinking, sounds sensational, and barely believable.
>> if it were true
Then the official notice wouldn’t come until the last moments when stockholders finished their meeting behind closed doors. They don’t want the public to know one of the company is going to be eaten by another too soon because it might affect them in many ways.
An0n
2 years ago |That certainly ends m43 as a group format. m43 then would become proprietary Panasonic. No more of the interoperability between brands and styles. And that’s not a good thing. We should all want the format to be expanded, not contracted.
Kenzo
2 years ago |the way I see it. Panasonic’s threat is not from Olympus but Sony. the biggest advantage Panasonic has is image quality in a small body(which happens to be the whole point of the m43 standard). Sony just took that rule book and ate it. so if Sony can do it then the king of mass manufacturer Canon can do it. if Canon can do it then Nikon can also fine tune it.
dumbo
2 years ago |if it were true, someone in mergers and aquisitions would have blogged it on a buisness website
mahler
2 years ago |m4/3 is not only about size and price. There are and will be smaller and slightly bigger lenses, there will be cheaper and pricier lenses. That does not change after the acquisition.
So far, there is no indication that lenses with OIS are significantly smaller and cheaper.
mahler
2 years ago |If Panasonic acquires Olympus imaging division, there is no reason, why they would drop IBIS. So where’s the bad part of the news?
acahaya
2 years ago |Google for Panasonic to buy Olympus and you will find 3 sources spreading this rumor: mirrorless.com, the German systemkamera-forum.de and this site. All 3 are related.
Well, they will increase their number of clicks for some days …
mahler
2 years ago |I would say, except the backgroudn focusing stuff, a perfect vision. Nothing wrong with it.
mahler
2 years ago |+10
I totally agree. To me it the rumors is biased towards positive. After the merger, we will have better compatibility between the products, a better coordination in lens development, and totally better image quality: Olympus image processing in better sensors. Only competition within m4/3 is gone, which isn’t a tragedy, because there is enough competition in the mirrorless market anyway.
acahaya
2 years ago |which other forums are discussing this? I just checked dpr and didn’t find it there on pages 1/2, where i’d expect it to appear.
Hisashi
2 years ago |No possibility for Pana to buy Olympus imaging.
Simply because there is no benefit for Pana who can develop cameras by their own.
mahler
2 years ago |Buying means also acquiring the knowledge. You can be sure that after the merger the JPEG IQ of new cameras would not get worse, as Panasonic certainly would utilize the Olympus JPEG Engine technology. Camera bodies like the GH2 could have IBIS. In all likelihood Panasonic would even keep the Olympus brand and continue to create PENs as long as they are profitiable.
The PEN camera and lenses could profit from Panasonic technology as well. Better sensors (multiaspect), OIS, view finder technology, better control layout and ergonomics. An open question is, if the lens line-up will merge.
So, all in all I see more positive aspects. Olympus was very slow in development of m4/3 cameras and lenses, and the first m4/3 bodies (EP-1 and EP-2) weren’t too competitive and lacked behind features and performance. Only with a lot of pressure from the users, Olympus managed to get a slightly more differentiated body product line out, which is still not diverse enough (people have difficulties to decide, which body they should buy). Perhaps Olympus needs a push from Panasonic to get a viable and diverse product strategy on track.
acahaya
2 years ago |Oly just launched 3 new cameras and 2 new lenses.
Perfect time for a rumor like this to appear and keep people from buying.
Although it might be true, to me this reads more like viral marketing.
Nathan
2 years ago |Olympus doesn’t have terrible kit lenses. Have you ever used either the Canon or Nikon 18-55 f3.5-5.6? They are truly el-cheapo.
At least the 14-42 has a genuine focus ring rather than turning the front filter element with a minimal knurled ring!
The 14-42 isn’t a great lens, but it’s better than average for a kit lens.
Michael Meissner
2 years ago |I dunno, if it happens, I suspect eventually I will be moving on in a few years. I might buy the E-P3 as a parting shot, but probably not any body designed after the merger (or if E-5′s go on fire sale that may be my first choice, but at the current price range it isn’t likely to happen). So far, I’ve not really liked the Panasonic form factors, the out of camera jpgs, the pathetic external flash support. Its been a fun 10 years with Olympus.
However, while I like the E-P2 and the various other Pens I’ve tried in the store, I tend to have a soft spot for the 4/3rds line and not micro 4/3rds line.
From an economic stand point I can see the reasoning, and I’ve been expecting the rest of Olympus to sell the imaging department, but it doesn’t mean I will like it.
blah
2 years ago |meh, panasonic users wont miss olympus.
i dont think many people who have panasonic own anything olympus, but most who own an olympus has something panasonic, f1.7 for example
Trevor
2 years ago |This wouldn’t surprise me at all. The current president of Olympus is from the medical division, not imaging. I would almost expect him to sell imaging to boost the other areas. I don’t think he’s going to have too much concern for tradition or history.
don carrot
2 years ago |the financial forecast from oly imaging division are bad, and have been newly (negative) corrected on the weekend… despite the new releases, the stocks are diving, this could be the bargain of the decade for panasonic
shit like this happens when companys are driven by morons, and companys are ignoring they’re actual clients need..
rip minolta
rip konica
rip olympus?
don carrot
2 years ago |if true this means that the E-P3 is the last m43 camera from oly
and then olympus hadn’t lied to us that the 4/3 is dead and will be continued blahblah, because then panasonic would be guilty of stopping the standard, and can be blamed for burying the whole system.
bye bye oly thanks for some nice and great classics from the past, not so many thanks for emptying the pockets of brand blind fanboys
Victor
2 years ago |This will be, first of all, official end of 4/3.
tom
2 years ago |I don’t think it would necessarily be a bad thing, but only if olympus was allowed to operate with some degree of independence. Micro 4/3 has really squandered the early lead they had in the interchangeable lens market, largely because it became a highly fragmented landscape of olympus and panasonic repeatedly trying to one-up each other instead of forming a cohesive ecosystem of bodies and lenses. Olympus is the more innovative of the two companies, but is limited by using panasonic’s older sensors by not having the money to really get behind development (though their recent round looks really good). In theory it sounds great to have two companies competing in the same format, but in practice we get like 6 different kit lenses and bodies that never have all of the best features of the format (choose between good sensor or good color, between fast autofocus or IBIS, between good video, and well, you get the point). I will admit that they appear to have begun some level of niche differentiation lately, particularly in lenses, but no one knows if this will keep up or not. I’d hate to see olympus bought out and just sort of disappear because oly really seems to think about photographer’s wants whereas panasonic just sort of mindlessly churns out quality products. However, if panasonic could incorporate olympus’ photographic vision into their big-money R&D, I think that would be really great. I suppose it could just as easily go really wrong.
Milos Janata
2 years ago |Why not?
twoomy
2 years ago |I love Pany’s lenses and cameras and Oly’s ability to deliver things to market after announcing them.
Put them together and it could be great.
Trevor
2 years ago |You’re making the argument for 43, not m43. Oly’s 300mm f/2.8 did exactly what you said, and they had the E3 with battery grip and all. Clearly, that’s not the future they have in store for them.
Miroslav
2 years ago |It’s cheaper. Wait for the reviews for final conclusion. Panasonic’s X 45-175 is still bigger than Olympus 40-150 albeit with 0.1 bigger zoom ratio.
NativeFloridian
2 years ago |Strange vision… what have you have been smoking?
TheEye
2 years ago |Ah, the Mighty Penix with a collapsible 10-200 mm lens.
Joel
2 years ago |Funny Panasonic are so huge but unlike Olympus they can’t get stock into stores…
Sad day for me if this happens, Olympus are available and well priced in Australia, Panasonic are not very available here (like most places) and are priced very badly (though many months after a lens is available in Japan I can at least buy it from America)..
Panasonic = pathetic supply chain (hope they don’t buy and destroy Olympus…
TheEye
2 years ago |I shouldn’t be laughing, but BWAHAHAHAHAHA!
bright wide angle
2 years ago |Admin,
any chance to hear from you s00n what are the two super lenses from Olympus you were talking about in 12-35-100 post?
Helge Hackbarth
2 years ago |So far I thought positive about having two players in one system. But due to the sensor restrictions of Olympus, it was not really competition. It gave us some redundant lenses with still quite high prices.
In order to survive in the upcoming competition with Sony and may be Canon & Nikon (when they start building serious mirrorless systems and not only gimmicks designed to not harm their DSLRs), I think it will be necessary to bundle strength.
I would appreciate to have other competitors in the mFT system like Fuji that are able to throw some different sensors and concepts into the game. There is also potential for good 3D camera systems that none of the players utilizes so far.
Chris
2 years ago |After hearing someone say the name of the new brand of lumix lenses, I wouldn’t be too surprised! Although, to be fair, ‘lumic sex’ does sound kind of intriguing!
Dummy00001
2 years ago |> this gives buyers options, drives innovation and keeps things competitive
Many years ago there was a leaked memo from some top manager from some mega corporation which was explaining in layman’s terms why competition is bad.
You wouldn’t believe how much the poor mega corporations are in harms way – all due to the pesky competitors who keep innovating and force the poor corporations to waste money on R&D, marketing, customer service and some such.
aaiek
2 years ago |So this would mean that the 2013 Ep5 will be available in 2016…
ljmac
2 years ago |I’ve got to say – I’ve been thinking for some time now that my ideal camera would be something like the GH2 with Oly’s image processing. And if Panny bought Oly, that’s exactly what we might get! Oly’s been falling further and further behind technologically.
sneye
2 years ago |Maybe not tonight, admin.
Olympus is an old, proud opto-mechanics company. Indeed, it has suffered some bumps along the road, including in recent years, but the present outlook is quite optimistic. Olympus has achieved a deep understanding of photographers’ needs and through unconventional thinking it created many innovative technologies. Its products are generally a joy to use: well built, reliable and perhaps the most complete in the market (e.g. one seldom has to resort to RAW). It would be inconceivable that Olympus imaging division would be sold to a consumer electronic giant such as Panasonic. Their culture is very different and so are their respective priorities. If this rumor is true it will be a tragedy.
oluv2002
2 years ago |>>And IBIS means smaller lighter cheaper lenses.<<
yes, i can clearly see this if i compare the 14-42 from olympus with the new 14-42 from panasonic with built in Power OIS!
Dummy00001
2 years ago |Actually I had another thought. Could it be that Panasonic is after the remains of 43? If one compares the Sony and Panasonic, one of the few pieces missing from Panasonic product line is actually the large DSLRs. Sony’s been pretty successful with their Alpha line – that might have given a thought to Panasonic.
Though yes, it is rather unlikely event: Panny worked hard to match DSLR performance, and they do not really need anything from 43′s legacy.
DingieM
2 years ago |Well, if those 2 combined could manufacture a camera which would use Panny’s latest sensor with Olly’s fast AF, then I would be very interested.
NEX(5) has the biggest edge right now.
Mice
2 years ago |Olympus is one of the older camera makers with history to lean back on.
It’ll be a shame if they did merge.
Pixnat
2 years ago |Hope it will never happen!!!
Olympus Imaging eaten by a “Microvave – DVD player – Mass Electronics” company?
A real nightmare
That yould be a very sad day for the Photography World.
Nick Clark
2 years ago |Generally speaking, I couldn’t give a flying doodle if a camera brand ceases to exist, or one brand buys another…
But… I think one of the greatest strengths of Micro Four Thirds is that they have *two* major players on board – this gives buyers options, drives innovation and keeps things competitive not just within the market, but within the system itself.. Having only one would be a huge loss to the platform and I have a feeling Panasonic is aware of this…
Anonymous
2 years ago |I like the concept that there are multiple companies producing products for the fromat. ALso it seems like the latest sales figures support that Oly is tuning it self around. NOt sure if I believe it.
Duarte Bruno
2 years ago |Death from concentration? That’s new for me…
How’s Sony for competition? Want anything harder than the NEX7/5N body barrage? If they had the lenses to go with their bodies, they’d be surfing come September!
It’s been Panasonic that kept the train on track. If it wasn’t for the X lens strategic announcements I’m sure Sony would take over the market in a snap.
Sven C.
2 years ago |I think that would be great….
3 different Pen bodies (ultra Small, normal and EP3/L1 like)
) with the amazing controls of the GH2
2 normal bodies like G and GH
1 weather sealed pro body (then Panasonic has got the ingineers, that developed the E-5
2 different videobodies
peroni
2 years ago |ROFL, that would double the sales on the female market, much better than pink cameras
Duarte Bruno
2 years ago |Amen!
Keith
2 years ago |Don’t think it will happen because of the partnership with Leica.
Miroslav
2 years ago |Bad, very bad.
Firstly, Olympus is the only manufacturer to make mirrorless cameras with built-in image stabilization and that would be the first thing to disappear if Panasonic took over. And IBIS means smaller lighter cheaper lenses. Those who want IS in video, can buy any of the Panasonic zooms.
Secondly, apart from close collaboration, these two push each other. If this happened, we would be at the mercy of Panasonic and their pace of announcements, like NEX or NX users are. And we all know what lens choice NEX users have and what is NX sensor (not) capable of.
So, I not only hope this will NEVER happen, I hope Fuji will join and we’ll have even more manufacturers in m4/3. Being reliant on Panasonic would be bad for the system development and for its users.
BTW, Olympus’ June announcements and recent sale results do not support this. They don’t look like they’re in trouble, they look like they’re getting out of it.
BTW2. As far as I’m concerned, Panasonic can take over Oly P&S division any day
.
Dummy00001
2 years ago |> Am I the only one that thinks this could be good news?
The sale would spell instant death to 43, what left of it anyway.
Otherwise, to me the deal means only less competition. Thus “bad.”
Dummy00001
2 years ago |> According to those rumors Panasonic is negotiating the acquisition of the imaging division from Olympus!
No. Please no. m43 (and 43 before it) is the only system where we have competition – withing the camera system. Less competition is bad.
Considering recent Panasonic announcements, I doubt they are in need of Olympus. It is probably the Olympus who tries to offload the Imaging division.
Though it might be that Panasonic tries to expand and sees a chance of grabbing Oly’s productions facilities on cheap.
Nick
2 years ago |So the new Pen will be renamed “Penix”? (pen+lumix)
Chris
2 years ago |I have the same feeling, it took olympus 3 years to produce what the original ep1 should be. I would be happier if the rumor turms out to be true
jojonas
2 years ago |you’re not the only one. if they buy olympus imaging and keep it as olympus I think they could get a better grip on the whole m43 system and split what brand stands for what type of products. I think panasonic could go for the more slr-like cameras and olympus high spec m43 in a flat design (keeping true to pen design ideas) while the mini types could be shared between the two.
it could be profitable if they were more clear with differences between the cameras, setting a clear direction of EVIL cameras.
I just hope this would put a snare on innovation, specially on the olympus end.
Turnn
2 years ago |It’s possible but doubtful. Panasonic would theoretically gain marketshare (unless current Olympus customers don’t continue as such) and get an improved distribution system in parts of the world. But the downsides? The ‘standard’ of m43 would be seen as a sham, and Panasonic would be stuck with redundant and unwanted bodies, lenses and a 4/3 standard they’d surely quickly kill.
Unless Olympus really wanted out of the camera business, shopped the division around with no takers, and unless Panasonic got it for a song, it does not seem that likely. But if it IS true, and the division WERE purchased for a low price, it would indicate pessimism by Olympus as to the future of the m43 system which it has essentially bet the division on.
Miroslav
2 years ago |Agrivar
2 years ago |Maybe not. It could be positive if panasonic keeps the PENs and use the new sensors.
dumbo
2 years ago |ditto, it would be great for m43 users, but not for 4/3 users. get rid of stupid lens duplicates and re-released bodies.
ton
2 years ago |PanOlympusonic??? Maybe…
matt
2 years ago |I don´t think this would be the end of m4/3, panasonic and olympus are the biggest rivals in the mirrorless market and according to the rumors and leaks panasonic wants to become one of the bigest still/camera company..they have their plan..their roadmap ,(superb lenses are comeing) if they buy olympus they can target on bigger companies like sony, nikon & canon and make bodies not only for consumers but also for pros. olympus is a fine company but i think that they have poor bodies for people who wants little more advanced cameras like GH types. And I also think that buying oly´s division would increase the knowledge and manufacturing processes and we could see better lenses & bodies sooner ..
Imagine a fast small LUMIX X 300mm f4 prime (which i think is possible to make) .. canon alternative is 600mm f4 IS USM which costs 8000€ would pros buy a 1000-3000€ small not heavy with as good optical quality as canon lens? i think they would.. but no pro will shoot on panny bodies when they have no battery grips,small DR & resolution and other things whic pro bodies from nikon and canon have.. i hope panny will do something with bacground defocus and they will implement it somehow to video so people would have shallower depth of field also on a 2x crop bodies .. thats my vision.. i see good future in micro 4/3 (but i think 4/3system is dead)and sorry for my english !
Duarte Bruno
2 years ago |Am I the only one that thinks this could be good news? Seriously, apart from the E-P1 what’s Olympus been doing for the last 2-3 years? Taking forever to introduce a minor upgrade to the E3? Releasing endless updates to the E-P1? It took them 3 years to released a good camera (E-P3) and they are using basically the same sensor Panasonic introduced with the G1!!!
Okay they’ve made some interesting glass like the mZD 9-18mm and the 12mm F2 but it’s pretty much clear that it’s Panasonic pushing the horses on the format!
Well I guess there is a remote hope that Panasonic will finally introduce IBIS in a future body!
kesztió
2 years ago |Paralympus.
admin
2 years ago |I cannot lower to FT1 because it would mean that I am almost sure it is fake. But I am not sure it is fake!
frosti7
2 years ago |I’m not sure if its good or bad rumor,
so far the lens selection and camera types are too similiar between the companies, there is no real benefit of having 2 compnaies doing the same thing
perhaps this will end the duality of the products?
of course this is not good for FT users
Terry
2 years ago |Matsushita = enormous
Olympus = tiny in comparison
Very very possible
TheEye
2 years ago |Panalympus?
Maley
2 years ago |AT least they would get the New sensors then
. The question is what would happen to the olympus Brand, i dont think they would let it die. So maybe it wouldnt be that Bad.
Barry
2 years ago |F?£k. I’ll eat my lens cap.
Miki Coga
2 years ago |What?! I hope it’s just a rumor… Olympus has its own style and that makes a difference with other camera brands. It would be sad news if true.
Nelson
2 years ago |So after pentax and ricoh, now panasonic and olympus?
Michael
2 years ago |I hope this one turns out to be completely false…
ton
2 years ago |Thats s sad rumor
Hope it will remain forever as a rumor. Now that innovations from olympus & panasonic are driving the m43 format to success. I thought that olympus’ camera division are making great profits esp in Southeast Asia.
@Admin, can you lower this to FT1? Great site BTW, I enjoy visiting this everyday
Keith
2 years ago |Pens would be all plasticy and have aweful jpeg color! And Pannys would have old sensors and terrible kit lenses!
R
2 years ago |That would be a horrible day and the end of m43…
Chris
2 years ago |Nooo… Would be extremely disappointing if this ever happened.
admin
2 years ago |Corrected! Thanks!
zigi_S
2 years ago |“that Panasonic could by-(you forgot a U) the Olympus imaging division”