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Sony, Fuji and several other companies have made offers to team up with battered camera maker Olympus, with the Japanese giant said to be considering offers of partnership deals with its local rivals.
It’s not made particularly clear what is meant by “partnership” though. Business news portal Bloomberg terms the potential deals as being “capital alliance offers” from Fuji, Sony, medical imaging specialist Terumo and other unnamed companies, which sounds like some sort of complex merger of parts of its business may be on the cards to save the troubled camera maker.
Do we have any business terminology experts in the house? [Bloomberg via 43 Rumours]
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“sounds like some sort of complex merger of parts of its business may be on the cards”
Sounds more like the Japanese government can’t afford to let an iconic Japanese brand employing millions to go under but can’t, given the current financial difficulties, step-in to give additional state aid so they are using other major Japanese brands to do it instead.
There really isn’t any other rationale for Fuji, Sony etc helping one of their biggest competitors.
thought this said Olympics. would make more sense.
must admit I did a double take when I saw the headline.
Did you think: “Sony and Fujifilm!!! I wouldn’t have thought Nintendo would be a much fit.”
…much better fit”
#non-editablecommentsofsatan
I don’t know, The Olympic site has more foreign plumbers than Nintendo
mario and sonic would whip things into shape in no time.
I did the same, must have read it a few times and read it as Olympics. I only noticed it was Olympus once I read the article.
I must be too tired for this reading thing today.