October 22, 2011
Posted in news

Olympus $687 advisory fee sets new record (Reuters).


Now, here is a news that will make cry the current Olympus shareholders (and me too). According to Reuters: “The payment is the largest M&A fee ever made…surpassing the previous record of $217 million involved in the 70 billion-euro takeover in 2007 of ABN AMRO by RFS Holdings, a vehicle set up by Royal Bank of Scotland and others.” and “The payment is equal to about a third of the acquisition price, jaw-dropping by normal standards where advisers usually take home about 1 percent or less of the transaction value for their M&A advisory services.

Big Olympus shareholders made a lot of pressure on Olympus and as consequence “Olympus is setting up an ‘independent committee’, made up of lawyers and accountants, to investigate controversial acquisitions following claims made by its ousted CEO“. (Source: AP).

The story never ends. First Olympus “declined to identify the advisers and said it no longer knew of their whereabouts.“. But Reuters found the answer after one day only: “A former Wall Street banker of Japanese descent (veteran banker, Hajime ‘Jim’ Sagawa) has emerged as a key figure in the scandal engulfing Japanese blue-chip firm Olympus Corp, according to documents provided by the firm’s ex-CEO.”

And than we have another news: “Ousted Olympus Corp chief executive Michael Woodford is consulting police over whether he needs protection after passing “new information” to British fraud investigators about the Japanese company’s irregular payments to advisory firms.” (Source: Reuters).

I think what we are experiencing here will lead to a revolution inside Olympus. The market doesn’t trust the board anymore and that situation cannot last. On the positive side, this may be the BIG chance for Olympus to make a new start with new managers and new ideas. I think within the next couple of months we will see huge changes!


October 21, 2011
Posted in news

A nice and fake GX1 camera :)

Our friends from Blog.livedoor managed to make a nice (of course fake) design of the GX1. Actually, I would love to see a camera like that for real! It is as sexy as the Panasonic LC1 (but without viewfinder).

I am working to get some more specs and if we are lucky also some pictures of the REAL camera. As usual feel free to help me with the search by scanning the web for leaks. Drop me a message at 43rumors@gmail.com if you find something! Thanks!

October 21, 2011
Posted in Rumors

New Olympus patent discloses a “G3″ alike camera (and three m43 lens patents).

UPDATE: I don’t know yet if the japanese friends from Egami (Click here) did make a mistake and may misunderstood the japanese patent. The camera on top looks more like a superzoom camera than a new m43 cameras.

P.S.: After three years and fifteen(!) m43 cameras there is still no compact camera with built-in viewfinder on the corner a là Olympus 35SP (Click here to see that cam)! Maybe it’s just me wanting that kind of cameras? Looking at the preorder success of the Sony NEX-7 I believe the answer is no, I am not the only one!

And than we have three new Micro Four Thirds lens patents for the Olympus 10mm f/2.8, 12mm f/2.8 and 12mm f/2.0. These are the specs:

Example One Two Three
Focal length f [mm] 12.187 12.284 10.711
Fno 2.051 2.838 2.857
Angle [deg] 91.2 90.4 98.3
Image heights [mm] 11.15
Back Focus [mm] 15.041 15.092 14.536
Length [mm] 60.667 47.592 50.036
Minimum focusing distance [cm] 20
Aspherical [surface] Four
Configuration 11 images in 9 groups Nine elements in 8 groups Nine elements in 8 groups

I guess that this are just three different prototypes of the newly announced Olympus 12mm f/2.0 lens. Don’t think we will ever see a 10mm f/2.8 lens.

October 21, 2011
Posted in news

Olympus Woodford vs Managment saga continues…

Olympus Tokyo released a statement that can be read here: http://www.olympus-global.com/en/corc/ir/tes/pdf/nr111019.pdf . In short, Olympus says that while the facts MR. woodford are presenting are true “his report contains a large amount of material that is based on supposition and speculation and the company believes its content is at variance with the facts and open to misinterpretation’“. And: “Olympus confirmed that Woodford ‘remains a director of the company at this point in time”.

And here is the very serious part of the story: According to Amateur Photographer: “It could be several weeks before the Serious Fraud Office (SFO) decides whether or not to launch an official investigation into claims made by former Olympus CEO Michael Woodford.

And the very very very serious part is that Olympus shares value is still falling down and down and down: http://www.bloomberg.com/quote/7733:JP

October 20, 2011
Posted in Rumors

(FT5) GX1 coming on November 8! With G3 sensor + specs leaked!

Together with Digicaminfo I worked to get and confirm the GX1 specs. And that collaboration really made it possible to have an FT5 rumor (Thanks!). Here are the specs:

Design is very similar to GF1 with some “touch” of LC1.
It has the same 16 Megapixel G3 sensor.
New image processing engine and ISO12800.
The fastest AF of all Panasonic cameras: 0.09 seconds AF!
Electronic Level
920,000 dots touchscreen LCD (non tiltable!!!)
LVF2 external viewfinder with 1,440,000 dots. (no Built-in EVF)
Color: black, silver.
Camera will be first released on japanese market on November 25. A couple of weeks later in Europe and than US.

Take a look at the LC1 on eBay. I guess it will have that kind of grip and built quality.

What do you think about the GX1 specs?

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