Is Olympus out of business?

Is Olympus out of business?

Update: The end of an era: Olympus confirms it’s completed the sale of its imaging business to JIP. Olympus first agreed to sell its imaging business back in June 2020, when it announced JIP would be the new stewards of its camera brands.

What is happening to Olympus?

The end of Olympus cameras is sad, but OM Systems’ plans could soften the blow. If you’ve seen a camera-loving friend gently whimpering today, it’s likely because they heard the news that Olympus cameras are officially finito – instead, from today new models will be released under a new ‘OM System’ brand.

How much is a Olympus camera worth?

Olympus: Olympus OM-10

Is Olympus a Japanese company?

Olympus Corporation (オリンパス株式会社, Orinpasu Kabushiki-gaisha) is a Japanese manufacturer of optics and reprography products. Olympus holds roughly a 70-percent share of the global endoscope market, estimated to be worth approximately US$2.5 billion. Its global headquarters are located in Shinjuku, Tokyo, Japan.

Is Olympus going bust?

Olympus, once one of the world’s biggest camera brands, is selling off that part of its business after 84 years. The firm said that despite its best efforts, the “extremely severe digital camera market” was no longer profitable.

Are Olympus cameras being discontinued?

As you may have read from the news, Olympus quits the camera business despite its successful history in the industry. You can say it comes as a shocker given the fact they’ve been in the industry for 84 years, but talk about 2020 and anything is possible.

Will Olympus make new cameras?

OM Digital Solutions, the digital imaging company that acquired the former Olympus imaging division, has announced that going forward, its ‘interchangeable lens cameras and lenses, compact digital cameras, audio products, binoculars, and other services’ will be sold under the new brand: ‘OM System’.

Will Olympus make a TG-7?

Today, a new Olympus camera is registered in China. We think it will be Olympus Tough TG-7 to be officially announced within the next 2-3 months. In 2019, Olympus released the Olympus Tough TG-6 (Amazon/ B&H/ Adorama).

Are old digital cameras worth anything?

You don’t have to blow large amounts of money on the latest and great cameras to be able to produce excellent results. A lot of older digital cameras, both Mirrorless and DSLR, are more than capable and have tons of features that make them a worthwhile buy even if they are a few years old.

What lenses work with Olympus om10?

2 Answers

• Olympus 50mm f3. 5 macro lens.
• Olympus 135mm f3.
• Tamron 28-80 f3. 5-4.2.

Who bought Olympus?

In the middle of last year, Olympus announced it was selling off its camera division to an investment group, Japan Industrial Partners, JIP.

Who owns Olympus now?

Olympus cameras are getting a new name. Parent company OM Digital has chosen OM System as the brand’s new moniker. There are still some Olympus cameras on the market and those won’t be rebranded, so the two names will co-exist for a while.

Are Olympus cameras still in business?

The cameras, audio recorders and binoculars are no longer owned or controlled by Olympus Corporation or part of its overall product portfolio. Since January 2021 these products have been transferred to and are being marketed, sold and distributed by OM Digital Solutions.

What is the Olympus Image Share app?

Our free Olympus Image Share app syncs the OM-D to your smart device. Compose images, adjust settings, snap the shutter remotely and share your photos and videos. Easily capture brilliant shots of star trails, streetlights, and cityscapes after dark.

Why choose an Olympus compact camera?

Olympus’ compact systems let you react more quickly and blend into the scene, all so you can enjoy your photography more. Never has it been so easy to capture blur-free stills and ultra-smooth 4K video, all handheld.