OLYMPUS Makes it EVIDENT
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Olympus Corporation (“Olympus”) announced the completion of the separation of its Scientific Solutions business to a wholly-owned subsidiary, Evident Corporation (“Evident”). Following the divestiture of its Imaging business, this move further signifies the company’s long-term strategy to cement its position as a major player in the medtech industry.
The proposed split was first announced in June 2021. As a newly-established wholly-owned subsidiary, Evident, headquartered in Japan, continues to operate independently under the Olympus umbrella.
Olympus’ Scientific Solutions business encompassed the Olympus Industrial and Life Science businesses. The reorganization will give the Scientific Solutions business the autonomy and agility to respond quickly and more flexibly to the needs of Industrial and Life Science customers.