alliance

Olympus Slated to Supply Sony With Lenses in Two-Way Alliance

Olympus is slated to begin developing and supplying Sony with lens parts and lens units in the near future as part of what has been called a "mutual parts supply". The news comes months following a formed alliance between the two companies in September 2012.

"The imaging sensor has already started to source from Sony to Olympus. And the lens [parts] and lens units will start to source from Olympus to Sony," said an Olympus Japan spokesperson in a recent statement.

Rivals Apple and Google Team Up in Bid for Kodak’s Valuable Imaging Patents

Yesterday we shared some news courtesy of the Wall Street Journal that Kodak had received a generous bid for its patent patent portfolio of over $500M. This was good news for Kodak, seeing as $500M was the mark the company had to hit in order to receive $830M in exit financing that would play a crucial role in helping Kodak dig its way out of bankruptcy.

However, all we knew at the time was that the bid was being put forth by a "consortium of bidders" out of Silicon Valley. Well, as it turns out, that consortium is being led by none other than the unlikely team of Apple and Google.