stake

Report Claims Japanese Government is Asking Fuji to Buy a Stake in Nikon

This is going to be the strangest (and most controversial) piece of photo industry news you'll read today. According to a report published by the reputable Japanese magazine Sentaku, the Japanese government is trying to convince Fuji to 'help' Nikon by buying a stake in the troubled camera company.

GoPro Sells 9% of Company to Foxconn for $200M, Now Valued at $2B+

'Tis the season of mergers, acquisitions, and investments. At around the same time Adobe announced its acquisition of Behance yesterday, Taiwanese gadget manufacturer Foxconn (officially known as Hon Hai Precision) announced that it has snatched up 8.88% of GoPro for $200 million. The deal values the California-based action-camera maker at a whopping $2.25 billion.