Olympus, Sony Join Forces for Medical Imaging Partnership
September 28, 2012 8:55 AM
comment(s) - last by
Two firms will also work together in the consumer camera market
Most people probably recognize the Olympus name thanks to its line of
consumer digital cameras and lenses
. Sony is also big in the
consumer digital imaging market
, and professional market following its
acquisition of Konica-Minolta’s camera business
. What some people may not know is that Olympus also has a significant presence in the medical field with a number of products used for medical imaging and other needs.
Sony and Olympus have announced a new partnership today that will have the two companies forming a business alliance and capital alliance through the third-party allotment of Olympus common shares to Sony. The partnership is aimed at allowing the companies to combine Olympus' lens and optical technologies along with its brand and R&D capabilities with Sony's broad range of technology, including digital imaging and apply the technology to the medical market.
In the medical realm, the companies hope to develop and market new products such as surgical endoscopes and video microscopes along with the development of new medical products and businesses. Olympus wants to leverage Sony's strength in imaging technology such as image sensors and image hardware, including 3-D and 4K technology. 4K technology has resolution significantly higher than full HD and in the medical market, more resolution is critically important. The better resolution a surgeon has via an endoscope, the more accurate he can be during surgery or diagnosis.
Sony and Olympus also plan to apply their new business relationship to compact digital cameras in the consumer market.
Olympus will issue 34,387,900 common shares of its stock to Sony through a third-party allotment. The first 13,100,000 shares of Olympus stock will be granted to Sony on October 23. The second payment of 21,287,900 shares will be granted somewhere between October 23 of 2012 and February 28, 2013. The share price is 1454 per share, presumably that is in Japanese yen but that is unspecified.
This article is over a month old, voting and posting comments is disabled
Seems like an obvious connection
9/28/2012 11:08:33 AM
Good for both parties. Both struggling a little bit, and a market that already has some penetration.
"The whole principle [of censorship] is wrong. It's like demanding that grown men live on skim milk because the baby can't have steak." -- Robert Heinlein
Olympus Unveils PEN Lite E-PL5, Pen Mini E-PM2 Micro Four-Thirds Cameras
September 17, 2012, 9:25 AM
Sony Unveils New a99, NEX-6, RX1 Cameras
September 12, 2012, 9:16 AM
Konica-Minolta Exits the Camera Business
January 19, 2006, 1:30 PM
Man Who Shot Father for Texting During Movie Previews Was Also Texting
March 14, 2014, 2:25 PM
Sony's PS4 Outsells Microsoft's Xbox One for February
March 14, 2014, 12:36 PM
Skrillex Releases Free Album Inside App, But Crashes Torture Fans
March 13, 2014, 8:04 PM
Microsoft Waives Windows Phone OS Licensing Fees for Two Hardware Makers in India
March 13, 2014, 1:07 PM
Huawei Says Windows Phone is "Low Priority", Relegates It to Dual OS
March 13, 2014, 11:21 AM
$1,200 Nikon 1 V3 Mirrorless Camera Offers 120fps Slow Motion Capture
March 13, 2014, 9:04 AM
Most Popular Articles
Bitcoin King Pt. II: Mt. Gox's Dictator Karpelès Proves Tragically Flawed
March 7, 2014, 1:12 PM
Hack Reveals Fallen Bitcoin CEO's Posh Tokyo Penthouse
March 10, 2014, 4:28 PM
Tesla Motors Calls New Jersey Out on New Rule Against Its Direct Sales Model
March 11, 2014, 12:01 PM
NASA Considering SpaceX "Red Dragon" for Returning Mars Samples to Earth
March 10, 2014, 2:43 PM
India Could Rock Google With Its Biggest Antitrust Fine Yet -- $5B USD
March 10, 2014, 8:12 PM
Latest Blog Posts
Tesla vs. BMW: Who Has the Safer EV?
Feb 1, 2014, 2:56 PM
Justice Leaks Details of Next HTC One Two Flagship Phone
Dec 5, 2013, 4:04 PM
Global Cyber Espionage Concerns Reveal Growing Cyber Armies
Nov 29, 2013, 11:04 AM
Is The Period Becoming an Expression of Anger?
Nov 26, 2013, 2:02 PM
NSA and Congress -- You Will Never Kill the Constitution, It's an Idea
Nov 10, 2013, 2:00 PM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information