Nikon will acquire RED Digital Cinema, a company founded by Jim Jannard (founder of Oakley) and best known for its digital cinema cameras such as the RED One 4K and V-Raptor X.The exact terms of the deal were not disclosed. In Nikon's press releaseoutlined how RED will become a wholly owned subsidiary of the camera company.
Nikon hopes to use the deal to expand into the professional digital cinema camera market by leveraging RED's „cinema camera knowledge, including proprietary image compression technology and color science.“ RED is proud Its cameras have been used to film numerous major movies and television shows, including multiple Marvel productions, including: Guardians of the Galaxy Vol. 3 and captain marvellike a nature documentary Planet Earth IIand TV shows such as squid game, Mindhunter, Peaky Blinders, and The Queen's Gambit.
RED President Jared Rand made the announcement. on instagram Following the image, „Hehehehehe…“
RED was founded in 2005 and currently has approximately 220 employees and is headquartered in Foothill Ranch, Calif., according to a Nikon press release.
The land was shared with press release The following was posted on his Facebook page:
This acquisition marks a significant milestone for Nikon, combining its rich heritage in professional and consumer imaging with RED's innovative capabilities. Together, Nikon and RED are poised to redefine the professional digital cinema camera market and promise an exciting future of product development that continues to push the boundaries of what is possible in film and video production.
The acquisition comes less than a year later. RED files suit against Nikon for infringing video compression patents. I was fired. In 2022, RED sued Nikon for allegedly copying the company's data compression technology in a firmware update for Nikon's Z9 camera. Nikon challenged the validity of RED's patent, and the lawsuit was dismissed last April.
Best known for its digital cinema cameras, RED attempted to expand into the smartphone market in 2018. red hydrogen one. The phone boasted a holographic display and support for modular add-ons, but there was a fatal misstep. Canceled after 1 year.