{"id":13978,"date":"2022-08-30T01:58:47","date_gmt":"2022-08-30T01:58:47","guid":{"rendered":"https:\/\/g-medtech.com\/news\/?p=13978"},"modified":"2023-10-18T01:01:42","modified_gmt":"2023-10-18T01:01:42","slug":"olympus-sells-scientific-solutions-business-to-focus-on-medtech-business","status":"publish","type":"post","link":"https:\/\/g-medtech.com\/news\/olympus-sells-scientific-solutions-business-to-focus-on-medtech-business\/","title":{"rendered":"Olympus Sells Scientific Solutions Business to Focus on MedTech Business"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.g-medtech.com\/directory\/listings\/olympus\/\" target=\"_blank\" rel=\"noreferrer noopener\">Olympus Corporation<\/a> announces that it is to transfer the Scientific Solutions Business to Bain Capital for JPY 427,674 million (US$ 3.1 billion).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Early in November 2019, Olympus announced its new corporate strategy to achieve sustainable growth as a global medical technology company, allocating management resources actively to the medical business with a focus on the Endoscopic Solutions Business and Therapeutic Solutions Business.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Olympus\u2019 Scientific Solutions Business covers the solutions for biological microscopes, industrial microscopes, industrial endoscopes, non-destructive testing equipment, and X-ray analyzers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For its 2022 fiscal year ending March 31, Scientific Solutions Business contributed revenues of JPY 119.1 billion (US$860 million) to the group, with an operating profit of JPY 17.5 billion (US$126 million).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>transferring the Scientific Solutions Business to Bain Capital for JPY 427,674 million (US$ 3.1 billion)<\/p>\n","protected":false},"author":2,"featured_media":11472,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","footnotes":""},"categories":[10],"tags":[33],"class_list":["post-13978","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-strategic-development","tag-olympus"],"_links":{"self":[{"href":"https:\/\/g-medtech.com\/news\/wp-json\/wp\/v2\/posts\/13978","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/g-medtech.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/g-medtech.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/g-medtech.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/g-medtech.com\/news\/wp-json\/wp\/v2\/comments?post=13978"}],"version-history":[{"count":2,"href":"https:\/\/g-medtech.com\/news\/wp-json\/wp\/v2\/posts\/13978\/revisions"}],"predecessor-version":[{"id":13980,"href":"https:\/\/g-medtech.com\/news\/wp-json\/wp\/v2\/posts\/13978\/revisions\/13980"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/g-medtech.com\/news\/wp-json\/wp\/v2\/media\/11472"}],"wp:attachment":[{"href":"https:\/\/g-medtech.com\/news\/wp-json\/wp\/v2\/media?parent=13978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/g-medtech.com\/news\/wp-json\/wp\/v2\/categories?post=13978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/g-medtech.com\/news\/wp-json\/wp\/v2\/tags?post=13978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}