Announced
Financials
Sources
Tags
Single Bidder
United States
Electronic Equipment: Other
Private
Pending
digital cameras
Acquisition
cameras
high performance digital cameras
Majority
Cross Border
Friendly
Synopsis
Nikon, the supplier of products and services for photography and videography, agreed to acquire RED.com, a supplier of digital cinema cameras. Financial terms were not disclosed. This agreement was reached as a result of the mutual desires of Nikon and RED to meet the customers’ needs and offer exceptional user experiences that exceed expectations, merging the strengths of both companies. Nikon's expertise in product development, exceptional reliability, and know-how in image processing, as well as optical technology and user interface along with RED’s knowledge in cinema cameras, including unique image compression technology and color science, will enable the development of distinctive products in the professional digital cinema camera market.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.