Nikon Acquires RED

Nikon Corporation is a Japanese company that specializes in optics and imaging. It was founded in 1917 with its headquarters in Tokyo, Japan. Nikon produces cameras, camera lenses, binoculars, microscopes, rifle scopes, and other related gear. It is the world’s second-largest optics manufacturer.

According to reports, Nikon has announced that it acquired RED digital cinema for an undisclosed amount, as it aims to utilize RED’s image compression technology. This deal will lead both companies to further advancements in the professional digital cinema camera market, to deliver an exceptional user experience to customers.

Red Digital Cinema is an American camera manufacturer that specializes in digital cinematography. Founded in 2005 with its headquarters in California. Its cameras were used to shoot The Amazing Spider-Man, The Hobbit, Squid Game, and The Great Gatsby, among other feature films.