Posted 3/7/2024, 6:19:05 PM
Nikon Acquires Red Digital Cinema to Break Into Professional Video Market
- Nikon is acquiring video camera company Red Digital Cinema for an undisclosed sum
- Nikon wants to use Red to expand into the professional digital video camera market
- Red is known for high-end digital film cameras used in major Hollywood movies and by YouTubers
- Nikon and Red were involved in patent lawsuits against each other recently regarding compressed RAW video
- The acquisition marks a new direction for Nikon into professional video and future product development with Red