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Olympus: ‘We Currently Have No Plans to Sell the [Camera] Business’

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Olympus: ‘We Currently Have No Plans to Sell the [Camera] Business’

Olympus has issued an official statement in hopes of putting to rest once and for all rumors that the company is considering selling or shutting down its sputtering camera business.

Rumors began swirling earlier this month that Olympus was planning to shut down its Imaging division, which bleeds money for the company and which just saw a 17% year-over-year decline in revenue. Olympus quickly issued a statement refuting those reports.

Bloomberg then stirred up the pot once more a few days later by reporting that Olympus CEO Yasuo Takeuchi backtracked on past comments that Olympus was not for sale.

Olympus has now issued a new statement to Photofocus clarifying that it currently has no plans to either shutter or sell its camera biz […]

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