What does the Olympus sale mean for users – and the wider camera industry?

What does the Olympus sale mean for users – and the wider camera industry?
(Image credit: James Artaius)

It's official: Olympus has divested its camera division, ending the 84-year history of one of the most iconic camera manufacturers in the industry. 

The Olympus sale comes after persistent rumors throughout 2019 that Olympus was looking to sell its imaging business, which the company formally denied in November. The rumors came in large part due to an American shareholder, which was bullish on the idea of selling the camera division, and the appointment of a new company chairman, who came from a hard numbers accounting background. 

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