When Olympus sold its imaging division to Japan Industrial Partners on January 1, 2021, the new company was called OM Digital Solutions. The OM SYSTEM product brand arrived later, announced in October 2021 as the name the company would put on its cameras going forward. Most of the photography press wrote the obituary in advance of either event. The division had been unprofitable for years. Olympus itself, after more than eighty years of making cameras, was exiting the business. Micro Four Thirds had lost the sensor-size argument in the public imagination to APS-C and full frame. The buyer was a private equity firm, not a camera manufacturer. The standard expectation was managed decline: a few years of catalog padding, a thinning lens roadmap, and eventual fade.