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Full Version: Olympus spins off its camera business ...
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A quick look at Tamron's annual figures show they're doing fine !.... turnover up, with mainly solid profits .......

the third party lens market is the only area that's hanging in ...... with camera manufacturers struggling to produce a full range ..... the possibilities are wide open for them! .......

All of a sudden for the first time, I not wondering why there's so many lens-makers!
(06-27-2020, 01:12 AM)toni-a Wrote: [ -> ]https://www.digitalcameraworld.com/featu...a-industry

A crazy thought would be that Ricoh could buy them.
Obviously Pentax is in dire need of a mirrorless system - and there's one available for little money. Maybe even for free.
They would be able to consolidate their sales and servicing across the two systems - thus reducing costs.

But yes, it's a crazy thought ...
(06-27-2020, 09:22 AM)Klaus Wrote: [ -> ]
(06-27-2020, 01:12 AM)toni-a Wrote: [ -> ]https://www.digitalcameraworld.com/featu...a-industry

A crazy thought would be that Ricoh could buy them.
Obviously Pentax is in dire need of a mirrorless system - and there's one available for little money. Maybe even for free.
They would be able to consolidate their sales and servicing across the two systems - thus reducing costs.

But yes, it's a crazy thought ...

That would be amazing, but it's not X-mas yet ;-)
Yeah, Pentax could do with yet another lens mount and format ........

 .... to complete the set ..........
Q is officially dead I think so they got two mounts. MFT would make more sense for them than K-mount. Pentax has always been about smallish stuff.
Pentax is K-mount (basically their bayonet version of M42 they used before). So Pentax basically always has been about K-mount. And then there were the Pentax medium format mounts.... Pentax 6x7, Pentax 654. That was Pentax. The only small Pentax mount (before the silly Q) was for that odd Kodak 110 film I think, which only ever had a handful of lenses.

Nothing, basically, makes more sense for Pentax than K-mount.

Somehow I doubt that quitting Pentax (ditching K-mount) and renaming Olympus MFT to Pentax will be a big commercial success....
(06-28-2020, 09:49 AM)Brightcolours Wrote: [ -> ]Pentax is K-mount (basically their bayonet version of M42 they used before). So Pentax basically always has been about K-mount. And then there were the Pentax medium format mounts.... Pentax 6x7, Pentax 654. That was Pentax. The only small Pentax mount (before the silly Q) was for that odd Kodak 110 film I think, which only ever had a handful of lenses.

Nothing, basically, makes more sense for Pentax than K-mount.

Somehow I doubt that quitting Pentax (ditching K-mount) and renaming Olympus MFT to Pentax will be a big commercial success....

    Pentax is in a similar boat with regards to future fragility ... so I wouldn't see them being well placed to offer a rescue plan ........ they have enough of their own worries ........
 
  Anyway we know that JIP is stepping up to the plate so any further suggestions is just paying lip service after the fact.
Japan Industrial partners (JIP) are a private equity fund specialising in turning around so-called distressed businesses. Transactions with such funds and concerning such targets are usually structured the following way:

  1. Seller contributes the assets and liabilities to be divested into a NewCo.
  2. Seller adds an amount of cash into NewCo, representing two to three years of forecast losses / negative cash flows according to Buyer's business plan (as endorsed by Seller).
  3. Buyer purchases NewCo for one $/€/£/¥.
  4. Buyer manages and restructures NewCo and earns fees through a management contract.
  5. After a couple of years Buyer sells NewCo, as a going concern if the restructuring has been a success, bits by bits otherwise.
  6. Buyer gives to Seller a portion of the net proceeds from the sale.

JIP's cameras and lenses won't bear the Olympus name after a transitional period according to the following report (in Japanese):

https://www.sankeibiz.jp/business/news/2...005-n1.htm

事業売却後も一定期間はオリンパスのブランド名は残るという。= 'The Olympus brand name will remain [with NewCo] for a certain period after the business is sold.'

In other words, JIP will be allowed to use the Olympus brand for their cameras, lenses and voice recorders for a transitional phase after the entry into force of the transaction, then they'll have to drop it.

According to the press release, the Zuiko and OM-D trademarks will be transferred to NewCo and JIP will be entitled to use these brands freely and indefinitely.

According to Kimio Tanaka, a Japanese photographer who has had close relations with camera makers, Olympus first tried to sell their Imaging segment to various corporates. Nobody being interested, they decided to keep it and cope with the associated losses.

https://twitter.com/thisistanaka/status/...3406268429

Eventually, probably under the pressure of some of their shareholders (e.g. the activist fund ValueAct Capital), they came to terms with selling Imaging to a private equity fund specialising in distressed assets, namely JIP.

I presume that, during an interim period, JIP will contract with Olympus the manufacturing of NewCo's products, in particular the manufacturing of the current and soon-to-be-launched products. Further down the road, JIP might outsource not only the manufacturing, but also the development of new products to third parties (ODMs).

This is the way they manage VAIO: VAIO don't develop nor manufacture, they contract these tasks and then sell the products.
That could mean Pentax products under the Zuiko name ;-)
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