Nikon has announced the acquisition of all shares of RED.com, a producer of professional-level digital cinema cameras, without disclosing the deal’s value. Founded in 2005, RED focuses on creating fully digital cinema cameras, with their flagship product being the RED ONE 4K. The company has been known for its innovative technology, particularly in RAW video compression. There was a legal dispute with Nikon in 2022, but it was withdrawn earlier this year.
Nikon stated that this acquisition will be used to expand their line of professional-level digital cinema cameras in the future.
TLDR: Nikon acquires all shares of RED.com, a leading producer of professional digital cinema cameras, to expand their product line.
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