https://www.diyphotography.net/olympus- ... seriously/There were rumours in November that Olympus would shut down its camera business within 8 months, which was flat out denied by Olympus. Now, here we are, 8 months later, after several years of speculation and rumour and more denial, Olympus has indeed sold its camera and imaging business to a company called Japan Industrial Partners (JIP).
Japan Industrial Partners (JIP) are a Japanese private equity fund specializing in restructuring / turnaround situations. They buy loss-making businesses, strive to make them profitable and, once done, resell them to corporate acquirers.
Brian