Japan Industrial Partners, owners of the Olympus camera business, agreed to buy Toshiba:
“Toshiba announced a 2 trillion yen ($14 billion) tender offer on Monday in a move that would take it private, as the scandal-tarnished Japanese electronics and energy giant seeks to turn itself around. The tender offer led by a buyout fund of major Japanese banks and companies called Japan Industrial Partners starts Tuesday and is priced at 4,620 yen ($32) a share.” (AP)
Toshiba had several entry-level camera models twenty years ago (1998-2003):
Sony’s plan for world domination: buy Toshiba image sensor business
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