Nikon buys RED Digital Camera, pushing into the digital cinema camera market |
Nikon has announced the acquisition of RED Digital Cinema, a US-based company known for its high-end digital cinema cameras. The deal, which will see RED become a wholly-owned subsidiary of Nikon, marks a significant shift in the professional digital cinema camera market.Founded by Jim Jannard in 2005, RED has made a name for itself with its cutting-edge cameras, including the RED One 4K and V-Raptor X, and its proprietary RAW compression technology. The company’s cameras have been the choice of numerous Hollywood productions, earning it an Academy Award.RED cameras have been used in numerous high-profile productions, including Marvel films like…Continue Reading