Leica’s Largest Stakeholder Buys Stake in Photo Contest Website
Dr. Andreas Kaufmann, the majority shareholder and chairman of Leica, has apparently purchased a 25.1% stake in photo sharing and contest website I-SHOT-IT, reports Leica Rumors.
Sony is Now the Largest Shareholder in Olympus
Sony has agreed to pour $645 million into Olympus in exchange for 11.5 percent of the embattled company, becoming the single largest shareholder. While the companies announced that they are considering cooperating in the digital camera industry, the main motivation for Sony wasn't photographic imaging but body imaging. Olympus is one of the major players in the medical endoscope market, holding about 70% of sales, and Sony's investment allows it to dip its toes into this lucrative industry.
Kodak Adopts ‘Poison Pill’ to Protect Against a Hostile Takeover
If you look at the price of Kodak's stock, you'll see that the company is currently worth about $600 million -- a figure that may be significantly lower than what its digital imaging patents could sell for. With the risk looming that a buyer might try to acquire the patents by simply taking over the company, Kodak is taking evasive maneuvers.