Fujifilm May Be In The Hunt for Olympus

Olympus’ stock price has been recovering quite nicely after an internal probe found no evidence of yakuza involvement (though they did slam upper management as “rotten”). However, rumors of possible takeover attempts persist. An article published by Bloomberg today reported that Fujifilm may be in the hunt for the beleaguered company:

Fujifilm, which makes equipment for medical scans, has been reported as a possible bidder for Japanese camera maker Olympus Corp. Yamamoto, who also is a board member at Fujifilm, declined to comment on a possible buyout of Olympus today.

Fujifilm Chief Executive Officer Shigetaka Komori said last month it was too early to discuss Olympus issues while the third-party panel was still probing the fraud at the camera maker.

Fujifilm has received a lot of praise lately for its sleek X series cameras, and could take another big step towards becoming a digital camera juggernaut if it somehow landed Olympus.

Image credit: Olympus Trip XB401 by Arty Smokes (deaf mute)