Editor'due south Note: (Tuesday, January 05, 2021 at 10:29 AM): We have added boosted details nigh the transition, provided to us past an Olympus spokesperson.

Olympus has confirmed in an announcement on its website that it's completed the transfer of its imaging segmentation to OM Digital Solutions, the subsidiary of Nippon Industrial Partners Inc. (JIP) that at present controls the Zuiko and OM brands.

Olympus first agreed to sell its imaging business dorsum in June 2020, when it appear JIP would be the new stewards of its photographic camera brands. Further details were unveiled in September 2020, when Olympus laid out the framework for how the transfer would accept place.

This new declaration, embedded above, confirms the transition has been completed as expected, effective Jan 1, 2021. In information technology, Olympus says Shigemi Sugimoto has been named President and CEO of OM Digital Solutions nether JIP. It's business organization volition be 'digital cameras, interchangeable lenses, IC recorders, etc. centered on mirrorless interchangeable-lens cameras.' The visitor starts out with 37 billion yen ($360.9 one thousand thousand) and has 2,000 global employees at inception.

The announcement says sales and research and development will take identify at the OM Digital Solutions Co. building in Takakuramachi, Hachioji-shi, Tokyo, while product of equipment will take place at factories in Dong Nai Province, Vietnam.

We've also learned OM Digital Solutions has licensed the use of the Olympus brand proper name. So, in add-on to the OM and Zuiko branding, the cameras will continue to be released nether the Olympus brand 'for the foreseeable hereafter.' This won't e'er be the case, only an Olympus spokesperson told us they are 'unable to provide the exact duration of its use, at this time.'

The Olympus spokesperson as well antiseptic details of the transition, maxim OM Digital Solutions 'will retain Olympus leadership and capabilities in Research and Development, Production, Sales and Marketing.' The roadmap volition also remain unchanged under the new owners, according to the spokesperson. 'Services, repairs and warranties will go on, and customers volition receive full back up for future purchases,' as well.

OM Digital Solutions CEO and President, Shigemi Sugimoto, is quoted in the announcement saying (via motorcar-translated text) '[OM Digital Solutions] volition keep to supply high-quality and highly reliable products [and] will continue to develop unique products for the creation of new value.'

A screenshot of OMDS' new website.

What exactly this new endeavor entails remains to be seen, but we'll get our commencement preview of Olympus' brands under JIP in the grade of a new website.