Olympus — the maker of cameras you may or may not own, but are most likely aware of — has given up. The company sold its camera division to Japan Industrial Partners (JIP), an investment fund that seems to enjoy sucking up almost obsolete tech, as it did with Sony’s VAIO. This comes hot on the heels of Olympus claiming that it definitely wasn’t going to sell its camera business just over a year ago. There are various reasons Olympus is jettisoning its camera business. One is that the company now makes the majority of its money from creating medical equipment.…
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