Japanese medical equipment maker Olympus has largely completed a slew of asset sales and is now keen to do deals, particularly in digital technology and robotics, its chief executive said.
"Olympus has tended to make everything by itself and now we fully recognize that alignment with third parties is so critical," outgoing Chief Executive Officer Yasuo Takeuchi told Reuters in a joint interview with incoming CEO Stefan Kaufmann.
The company sold off its camera and voice recorder units to Japan Industrial Partners in 2021. In August, it made its biggest divestment yet, selling its microscope unit — the business on which it was founded more than 100 years ago — to private equity firm Bain Capital for ¥428 billion ($3 billion).