Several people familiar with Leica’s internal organization are aware that medium-format R&D activities were significantly reduced and that personnel from the S development division were progressively reassigned to SL- and M-related projects. The dedicated medium format development structure itself appears to have been dissolved. This may have to do with the latest rumors about Blackstone trying to sell its share in Leica – they are trying to get the finances to look good for a potential buyer:
Report: Blackstone could sell control of Leica Camera in €1 billion deal
Here are the previously reported rumors about a new Leica medium format mirrorless camera:
