Nikon Acquires RED Digital Cinema

Nikon has acquired RED Digital Cinema, a major US camera manufacturer, in a move to enter the digital cinema camera market. The acquisition will give Nikon ownership of RED’s professional film cameras and access to their expertise in cinema cameras, including unique image compression technology and color science. With RED’s cameras being used in major film and TV productions, the acquisition marks a significant milestone for both companies and promises an exciting future of product development in film and video production.