Japanese camera company Nikon has today announced that they will take over the camera company RED Digital Camera, in a move that no one expected.
The announcement, made by Nikon itself, says that they will take over 100 percent of RED Digital Cinema, along with all of their employees through a Membership Interest Purchase Agreement whereby Nikon will take over all existing assets and liabilities. there is the company.
RED Digital Camera is famous enough to develop cinematic class camera equipment such as RED ONE 4K, RED V-RAPTOR [X] and also to develop their own RAW video files that store various video details such as color profiles and so on, and are used as the default format in the world Hollywood movies.
With this acquisition, Nikon says that they will use the expertise of these two companies to develop camera and software products and services that are unparalleled in the world of cinema. Does this mean we will see RED technology used in future Nikon cameras? Let's wait and see together.
What's interesting about this takeover is that in 2022, RED Digital Camera sued Nikon for patent infringement, but the suit was dropped at the end of 2023.