Sony Buys out Olympus with a $645 million investment

Sony, Olympus , buy out
After years of competition Sony has finally decided to do investment in the Olympus corp for an amount of $645 million dollars. as Olympus is currently struggling to find capital, Sony's this Million dollar investment will make them part of a new joint venture in medical imaging. which will  gain an 11 percent stake in the company and also  from now the both companies will be sign on component-sharing agreement in the photography space, with Olympus mirror cells and camera lenses being given to Sony, while image sensors (where Sony is very strong) will go the other way.

[ source : Sony.net ]

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