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GoPro to offer US$100.0 million of convertible senior notes

GoPro, Inc., San Mateo, CA, USA, has announced its proposes to offer US$100.0 million aggregate principal amount of convertible senior notes due 2025 subject to market conditions and other factors. According to a press release, the notes are to be offered and sold in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Act”). The action cam supplier also intends to grant the initial purchasers of the notes an option to purchase, within a 13-day period from, and including the date on which the notes are first issued, up to an additional $15.0 million aggregate principal amount of notes.

Berlin Photo Week in August / September 2021

Berlin Photo Week 2021 is set to give the global imaging industry the opportunity to spark a firework of creativity and innovation. This was announced by Berlin Photo Week GmbH, a new company launched by Messe Berlin, IMH Imaging Media House and the founding team of Berlin Photo Week in order to create the legal basis for the joint implementation and further development of the event format. Wolfgang Heinen, Co-Founder and Managing Partner of IMH Imaging Media House, has taken over the position of CEO of the new company.

New company Layflat.com

Layflat.com, a new company dedicated to providing printers worldwide with advanced automated bookbinding systems to take advantage of the rapidly growing premium layflat book market has started operations in Meggen, Switzerland. In order to establish long-term relationships with customers, CEO Djawad Khorosh invested almost a year to select and evaluate the best international team members before officially launching the enterprise in October 2020. The company’s experienced international bookbinding team has proven expertise in design, manufacturing, logistics, distribution, marketing, sales and support.

CP+ 2021 to be held

CIPA, the organizer of the CP+, announced to be confident to hold CP+ 2012, to be held February 25 to 28, 2021, in Japan.

Ceconomy reports better results than expected

For the fourth quarter of the financial year that ended September 30, 2020, MediaMarktSaturn’s parent company Ceconomy AG reported a significant growth in sales with better than expected results. Adjusted for currency and portfolio effects, sales rose by 7.6 percent; year-on-year, sales even rose by 9.8 percent. According to a press release, the sustained demand for home office products and household appliances contributed to this development, as did the growing online business, which recorded an increase by 54 percent in the fourth quarter. Thanks to a higher average value per pruchases and increased conversion rates, the brick-and-mortar sales were also positive, Ceconomy said, adding the frequency in the stores had recently leveled off at around 15 percent below the previous year's level.

2020 Visual 1st Awards go to Profoto, Mobius Labs, Dotphoton and Snapbar

At this year's just concluded virtual edition of the Visual 1st conference, which focused on promoting innovation and partnerships in the photo and video...

Visual 1st conference to start soon

Five days before Visual 1st will start it’s first online edition, the international conference focused on promoting innovation and partnerships in the photo and...

Durst acquires Vanguard Digital Printing Systems

Durst, the manufacturer of advanced digital printing and production technologies based in Brixen, South Tyriolia, Italy, has acquired a majority stake in Vanguard Digital...
Article placholder image.

Olympus agrees on transfer of its imaging business to JIP

Olympus agrees on transfer of its imaging business to JIP The previously announced sale of Olympus' imaging business is sealed on schedule: Olympus Corporation and Japan Industrial Partners Inc. (JIP) have agreed that Olympus will separate the business a newly founded wholly owned subsidiary. On January 1, 2021, OJ Holdings, Ltd., a special purpose company established by JIP, will take over 95 percent of the new company’s shares. According to a press release, the agreement applies to Olympus' global imaging business, including all R&D and production sites, as well as the Zuiko and OM brands. The new company may also continue to use the Olympus brand for the foreseeable future, Olympus said answering a request of INTERNATIONAL CONTACT. There were no plan that the use of the Olympus brand is to be discontinued immediately after the transfer is completed, the company added.

New President and Managing Director of Fujifilm Europe

September 1, 2020, Toshihisa “Toshi” Iida took over the position of President and Managing Director of Fujifilm Europe GmbH, Düsseldorf (Germany), and Fujifilm Europe B.V., Tilburg (Netherlands). The manager, who has held various international functions in the Fujifilm Group for 30 years, succeed Mark Yamamoto, who is assuming a new role as Board Member of Fujifilm Corporation in Tokyo (Japan) and General Manager of the Optical Devices & Electronic Imaging Products.

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