Nikon Acquires RED Digital Cinema to Expand into Professional Film Market

The deal, following the dismissal of a previous lawsuit, aims to leverage both companies' strengths for innovative product development.

Nikon has agreed to acquire high-end US movie camera manufacturer RED Digital Cinema, aiming to expand into the professional digital cinema camera market.
The acquisition will allow Nikon and RED to develop distinctive products, leveraging Nikon's reliability and RED's cinematography expertise.
RED's cameras have been used in numerous Hollywood productions, earning the company an Academy Award and making it a preferred choice for filmmakers.
The deal comes less than a year after a lawsuit filed by RED against Nikon over alleged patent infringement was dismissed.
Nikon plans to use this acquisition to push the boundaries of what is possible in film and video production, promising an exciting future of product development.