Nikon is acquiring RED, the company best known for digital cinema cameras including the RED One 4K and V-Raptor X. RED will become a subsidiary of Nikon.
Nikon is acquiring RED Digital Cinema, the company founded by Jim Jannard and best known for digital cinema cameras including the RED One 4K and V-Raptor X. Exact terms of the deal were not disclosed in Nikon’s press release, which outlined how RED will become a wholly-owned subsidiary of the camera company.
Land shared the following in a press release posted to his Facebook page: > This acquisition marks a significant milestone for Nikon, melding its rich heritage in professional and consumer imaging with RED’s innovative prowess. Together, Nikon and RED are poised to redefine the professional digital cinema camera market, promising an exciting future of product development that will continue to push the boundaries of what is possible in film and video production.
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