Nikon acquired RED
Within the scope of the agreement RED will become a subsidiary of Nikon and available at least for now It will protect its 220 employees and projects. Meanwhile, RED cameras were used in many productions such as Guardians of the Galaxy 3, Captain Marvel, Planet Earth II, Squid Game, Mindhunter, Peaky Blinders and The Queen’s Gambit. The company also in 2018 RED Hydrogen One It tried to enter the smartphone market with . The phone was notable for having a holographic display and support for modular add-ons, but overall the project ended in failure.
On the other hand, Jarred Lang, president of RED, stated in his statement that thanks to this partnership, the strengths of both companies come together and that they will continue to push the limits in the field of cinema cameras. Additionally, interestingly, RED sued Nikon in 2022 for allegedly copying their data compression technology in a firmware update for Nikon’s Z9 camera. While Nikon denied these allegations, the relevant case was terminated by mutual agreement last year.
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