Reuters reports that “Panasonic may sell its Sanyo digital camera business to Japanese private equity fund Advantage Partners by the end of March”
What I didn’t know til today is that “Advantage Partners” already makes cameras for other companies including Olympus. This should not have any influence on the Micro Four Thirds strategy. What Panasonic is selling is the unprofitable compact camera and video camera business acquired two years ago from Sanyo. As Reuters writes: “Sales of compact digital cameras are under pressure from increasingly powerful smartphones.“