Olympus has fallen: Imaging Businss sold to JIP

As reported on 43rumors today Olympus announced it will sell the camera business to JIP.  JIP says they will restructure the business but I doubt this will happen in a way that will make the MFT system continue. Most of Olympus camera owners were loyal to the Olympus brand and history. JIP is just an anonymous business player and if Olympus didn’t believe they couldn’t save the Imaging Business how is JIP supposed to do so?

My guess is that JIP will simply sell pieces of the Olympus technology to other companies. The question now is who is next? Pentax seems the biggest candidate but in the medium term maybe not Nikon or other companies will survive this dying market.