Sony Looking to Buy 20-30% of Olympus

Crippled by its recent financial scandal, Olympus is in need of a bailout and has been open to the idea of forming a strategic alliance with other companies. The latest news is that Sony is on the brink of acquiring a 20-30% stake in the beleaguered medical device and camera company, a sizable increase from the 0.03% it currently owns. The alliance would combine Sony’s expertise in making camera sensors with Olympus’ expertise in medical devices. Fujifilm has also been named as a company that’s interested in investing in Olympus, but Sony seems to currently be the clear front-runner.

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