Olympus' new owner is about to buy Toshiba for $14 billion. Who's next?

Toshiba TC7000
(Image credit: Toshiba)

In a fascinating move, the investment firm that bought Olympus' camera business is about to buy electronics giant Toshiba as well. 

Japan Industrial Partners (JIP) purchased the Olympus Imaging Division in January 2021, and continues to operate it under the name OM Digital Solutions. The firm has now announced a $14 billion (approximately £11 billion) offer to purchase Toshiba – which, among its many operations, continues to make industrial cameras and imaging technology (and, until 2019, was a distributor for Canon). 

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James Artaius

The editor of Digital Camera World, James has 21 years experience as a journalist and started working in the photographic industry in 2014 (as an assistant to Damian McGillicuddy, who succeeded David Bailey as Principal Photographer for Olympus). In this time he shot for clients like Aston Martin Racing, Elinchrom and L'Oréal, in addition to shooting campaigns and product testing for Olympus, and providing training for professionals. This has led him to being a go-to expert for camera and lens reviews, photo and lighting tutorials, as well as industry news, rumors and analysis for publications like Digital Camera MagazinePhotoPlus: The Canon MagazineN-Photo: The Nikon MagazineDigital Photographer and Professional Imagemaker, as well as hosting workshops and talks at The Photography Show. He also serves as a judge for the Red Bull Illume Photo Contest. An Olympus and Canon shooter, he has a wealth of knowledge on cameras of all makes – and a fondness for vintage lenses and instant cameras.