As you can tell by the headline, this is a concept camera. The Digimo has three cool features, and even one would be enough to sell it on the existing camera market.
The first is that it can split in two. This comes in handy for situations where you need to take a picture of something remotely. You can even see a picture of what you are taking, as there is an LCD on both halves.
The second feature is that it can do 3D pictures. As you might know, 3D pictures are taken with two different camera lenses. When both halves are put together, this camera can get you the 3D pics that you want, if you are into that type of thing.
The third feature is that the Digimo is very modular. It has an extendable telescopic leg that can reach up to 50 centimeters, and you can see the ball and socket connectors that can stand one half of the camera at an angle.