Schneider Kreuznach has apparently thrown their lot in with Olympus and Panasonic in the Micro Four Thirds Consortium Group. Like Four Thirds before it, Micro Four Thirds is a semi-open standard for development, shared by all the companies on board. The goal continues to be the mirrorless system, sensor size, and mount-size to enable the creation of more flexible, smaller cameras and lenses.

Schneider Kreuznach is an old name in the lens business, going back to 1914 and currently owning B+W, Rollei, and Century Optics. Their decision to join Micro Four Thirds is possibly a little less surprising for their affiliation with Kodak, who are listed as partners for the original Four Thirds group.