Canon Announces Results of Extended Acceptance Period for Public Cash Offer to the Shareholders of Axis

Canon Rumor

Canon press release:

Canon Announces Results of Extended Acceptance Period for Public Cash Offer to the Shareholders of Axis

TOKYO, Japan, April 24, 2015—On February 10, 2015, Canon Inc. (“Canon”; Chairman and CEO: Fujio Mitarai) announced a recommended public cash offer (the “Offer”) to the shareholders in the Swedish company Axis AB (“Axis”; President and CEO: Ray Mauritsson) to tender all their shares in Axis to Canon for 340 Swedish krona per share (the Offer Price). Following the end of the acceptance period under the Offer, Canon decided to extend the acceptance period from April 8 until 17:00 (CET) on April 21, 2015. During the extended acceptance period, Axis shareholders tendered 5,445,997 shares, which accounts for 7.84% of the total number of Axis’s outstanding shares. In addition, Canon has acquired 500,187 Axis shares outside of the Offer. As a result, the combination of these shares with the shares tendered by Axis shareholders during the initial acceptance period brings Canon’s current holdings in Axis to 58,362,081 shares, which corresponds to 84.02% of Axis’s outstanding common stock.

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(CW3) Canon EOS-1D X Mark II talk (prototypes out in the wild?)

$_12

The Canon EOS-1D X

 

Canon Rumors got some tidbits about the Canon EOS-1D X Mark II. Sum up of the rumor:

  • A “handful of Canon EOS-1D X Mark II bodies currently being tested in the field
  • Announcement expected “some time in 2015
  • Sensor will have more than 18MP (that’s the resolution of the EOS-1D X)
  • New AF system with more AF points and a “new technology” in the viewfinder display
  • New battery to lower the weight of the camera
  • Larger LCD than EOS-1D X
  • Some ergonomic changes

If the announcement really occurs in 2015 we should soon start to get more rumors Stay tuned…

About our rumor rating:

  • CW1 – probably fake rumor, not reliable (less than 15% chance to be real)
  • CW2 – rumor from an unknown/new source, but otherwise at least a plausible rumor (20%-40% chance to be real)
  • CW3 – around 50% chance to be real, coming from a known source, or from new source with good insight in Canon’s business
  • CW4 – rumor from a known source that was right in the past, high probability to be true (60%-80% chance to be real)
  • CW5 – as good as certain to be true

Deal Alert: Canon EOS 60D – $479 (B&H Photo, compare at $663 on Amazon)

60d

Thanks Niklas. Authorised US Canon dealer B&H Photo has the Canon EOS 60D (body only) for the bargain price of $479 (click here). Compare at $663 on Amazon. Free shipping in the US.

The EOS 60D is still a very good mid-range DSLR (DPReview’s review), if you are looking for a powerful back-up body or for your first semi-pro DSLR, this may be the deal for you. EOS 60D specs:

  • 18MP APS-C CMOS Sensor
  • 1920 x 1080 HD Video Capture
  • SD/SDHC/SDXC Memory Card Slot
  • Vari-Angle Clear View 3.0″ Flip-Out LCD
  • DIGIC 4 Image Processor
  • 5.3 fps Continuous Shooting
  • Works with all Canon EF and EF-S Lenses
  • ISO 6400 – Expandable to 12800
  • HDMI Output to HDTV
  • In-Camera Editing Options

Canon publishes financial results for Q1 2015 (-29% net income, -22.5% compact cameras sold, compared to 2014)

cfr

Canon published the financial results for the first quarter 2015. Doesn’t look very good for Canon, given a net income loss of 29%.

There is also an article by Reuters about Canon’s financial results. Quoting:

“Sales volume for low-end (digital camera) models declined due to the ongoing contraction of the market in all regions from the previous year,” said Canon in its earnings release. Sales of high-end models increased, it said.

Canon also said it expects to sell 7.0 million compact cameras in 2015, versus a previous forecast of 7.8 million and 22.5 percent less than in 2014. It projects sales of cameras with interchangeable lenses to reach 5.8 million units rather than its previous view of 6.4 million.

If you want to have a look for yourself, look into the presentation material, since it is much easier to read and understand.

(CW3) Canon EOS 6D Mark II talk (28MP, announcement Q1 2016)

Canon EOS 6D

Canon EOS 6D

New bits about the Canon EOS 6D Mark II were sent in (thanks).

I have been told that Canon’s replacement for the highly popular EOS 6D will be announced not earlier than Q1 2016. In other words, the EOS 6D Mark II will be announced after the EOS 5D Mark IV started shipping (this is not entirely new since it was already murmured on the web). I also got some specs:

  • 28MP
  • 6 fps
  • ISO 100 – 102400 (expandable to 204800)
  • new AF system (but not the same as on 5DS)
  • 98% viewfinder coverage
  • Single SD card slot
  • WiFi, NFC, and GPS
  • small improvements for video features

Contrary to a previous rumor that was floating around some weeks ago, suggesting the EOS 6D2 will have a 24MP sensor, our source stated that it will be a 28MP sensor. The source said that Canon will not sell a full-frame DSLR with the same pixel count as Canon’s latest Rebels. The source was a bit confusing about the auto-focus system, saying that it will not be on the same level as the AF system featured on the EOS 5DS and EOS 5DS R. Still, it is not clear to me what kind of AF is coming. For sure there will be a step forward compared to the 6D, but given the fact the EOS 6D Mark II will be an entry-level DSLR, it won’t probably be a the most advanced AF system. I guess Canon will recycle one of the AF system they already feature on some of their DSLRs.

I rate this rumor CW3. It’s still early for reliable EOS 6D Mark II rumors. However, this is one of the not so weird 6d2 rumors we had so far. We heard pretty amusing things, like that Canon isn’t satisfied with the EOS 6D sales figures, and will hence move the 6D2 upmarket (which is absurd, the 6D was and is a best seller). The source stated clearly that the EOS 6D Mark II will be an entry-level FF DSLR, exactly like its predecessor. The pricing should be around $2,100, same as the 6D when it was introduced.

The EOS 6D was released in November 2012. Stay tuned….

About our rumor rating:

  • CW1 – probably fake rumor, not reliable (less than 15% chance to be real)
  • CW2 – rumor from an unknown/new source, but otherwise at least a plausible rumor (20%-49% chance to be real)
  • CW3 – around 50% chance to be real, coming from a known source, or from new source with good insight in Canon’s business
  • CW4 – rumor from a known source that was right in the past, high probability to be true (60%-80% chance to be real)
  • CW5 – as good as certain to be true

Mitakon Zhongyi Speedmaster 85mm f/1.2 can be pre-ordered (Canon mount, ships early May)

mit

This is the first pre-order opportunity for the new Mitakon Zhongyi Speedmaster 85mm f/1.2 lens.

eBay selller chinaoptics (97.3% positive ratings) has the Mitakon Zhongyi Speedmaster 85mm f/1.2 available for pre-order at $799. They seller states that the lens will ship early May, and that 5 units are available. Please note: this seller appears to have a pretty low number of transactions, and also the rating isn’t stellar.

The Mitakon Zhongyi Speedmaster 85mm f/1.2 lens was announced a week ago. Product description:

The Mitakon Zhongyi Speedmaster 85mm f/1.2 is a ultra-fast portrait lens that delivers unbelievable optical performance. A maximum aperture of f/1.2 makes it extremely convenient for shooting without flash in low light conditions. Designed for the use of full frame cameras, the large aperture also provides fine control over depth of field for fascinating portrait photography. The truly circular aperture creates a shallow depth-of-field that brings attention to the subject and blurs the background, which is critical for portraits. The lens incorporates 9 elements in 6 groups with 2 pieces of Extra-low Dispersion elements & 4 pieces of High Refractive Index elements. This helps reducing aberrations and maintain excellent sharpness even at f/1.2. . Manual focus design and a click-less, silent aperture ring promote smooth handling and are especially well-suited to video applications. The lens is built of metallic enclosure with additional protective processing, which gives extra durability and aesthetic.

Specifications
Focal Length 85mm
Max. Aperture 1.2
Min. Aperture 16
Aperture Blades 11
Angle of view 29 degrees
Format Compatibility Full-frame
Elements/Groups 9 elements in 6 groups (2pcs of Extra-low Disperson glasses & 4pcs High refractive index glasses)
Min. Focus Distance 1 m
Filter Thread 77mm
Net Weight 921 g
Mounts Canon EF / Nikon F / Sony FE (Sony A & Pentax K mounts will be available later this year)