Despite its own well documented financial woes, Sony has coughed up $645 million (UK£400,AU$621) to become the largest shareholder in Olympus.
The deal will give Sony a 51 per cent stake in a newly created medical company, whereas Olympus will maintain 49 per cent of the pie.
Although the investment is less about Sony wanting a slice of Olympus’ digital imaging expertise and more about taking a foothold in the medical supplies business, where Olympus is a big player, the two companies will also likely work together on imaging products.
“By combining the know-how and products Olympus has developed in its medical business with Sony’s strengths in audio visual solutions, the two companies aim to establish a comprehensive systems integration business that offers high value-added solutions for operating rooms and other medical arenas,” the new best friends said in a joint statement.
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https://www.techradar.com/news/photography-video-capture/cameras/sony-invests-645m-in-olympus-to-become-largest-shareholder-1100625
