Sony now owns almost 12% of Olympus
The deal between Sony and Olympus is now official. Olympus will issue 34,387,900 common shares (11.46%) to Sony. Both companies will work together not only on future medical products, but will also collaborate in the camera business - Olympus will share lens and mirror technology with Sony, while Sony will supply sensors to Olympus:
The two companies also aim to enhance their competitiveness, primarily in the area of compact digital cameras, by exploring opportunities for mutually beneficial transactions and collaboration between their respective camera businesses, including the supply of Olympus technologies such as camera lenses and mirror cells to Sony, and the provision of Sony image sensors to Olympus.
Read the entire press release here.