SON: Sony Corporation: Update on the Status for Establishment of Medical
Business Venture Company between Olympus and Sony
UK Regulatory Announcement
March 29, 2013
Update on the Status for Establishment of Medical Business Venture Company
between Olympus and Sony
Olympus Corporation (“Olympus”) and Sony Corporation (“Sony”) today updated
the status of the medical business venture company (the “medical business
venture”) that has been the subject of discussions between the two parties,
and which will be established in accordance with the business alliance
agreement executed on September 28, 2012.
Olympus and Sony announced in the press release “Update on the Status for
Establishment of Medical Business Venture Company between Olympus and Sony”
dated December 21, 2012 that the companies aimed to establish the medical
business venture by April 1, 2013, subject to customary closing conditions,
including the receipt of any necessary regulatory approvals. The examination
by the relevant authority is taking longer than expected, but we understand
the examination process is currently in its final stage. Olympus and Sony
expect to announce establishment of the medical business venture promptly
after the establishment date is fixed.
Olympus and Sony continue to work together with the goal of creating
ground-breaking products and solutions by combining their respective
technologies and know-how through the medical business venture.
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