Article 55238 After 84 years, Japan's Olympus shutters its camera biz, flogs it to private equity – smartphones are just too good

After 84 years, Japan's Olympus shutters its camera biz, flogs it to private equity – smartphones are just too good

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from The Register on (#55238)
Oh, snap

Japanese optics manufacturer Olympus is winding down its 84-year-old camera division and selling it off to private-equity firm Japan Industrial Partners (JIP)....

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