Olympus Corp separates Scientific Solutions business, establishes Evident Corp
Olympus Corporation has completed the separation of its Scientific Solutions business to a wholly-owned subsidiary, Evident Corporation. 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.
Evident Industrial’s solutions range from microscopes and videoscopes to nondestructive testing equipment and X-ray analysers for maintenance, manufacturing and environmental applications. Evident products are widely used for quality control, inspection, and measurement.
Yoshitake Saito, the President and Representative Director of Evident, commented: “Evident, while continuing to provide best-in-class products, will expand its digital and cloud-based solutions to enhance the customer experience and to improve the overall workflow in the research and inspection fields. We will shift from a business model centred on the sale of products, to one focused on solving customer issues and challenges. With this greater management autonomy, we will promote agile product development and open innovation, which we believe will increase the speed of product development.”
For more information, visit: evidentscientific.com
