Nikon Began Steps to Acquire RED in 2022 ‘Due to the Lawsuit’

  • 📰 petapixel
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

Nikon confirmed that it began considering acquiring RED due to the lawsuit the cinema company filed against Nikon back in 2022.

on May 26, 2022. Specifically, RED alleged that Nikon had illegally copied its data compression technology that was granted to the Z9 in, vowing to fight the lawsuit and even went so far as to argue that the patent RED was defending should never have been granted. While Nikon admitted it was aware of the multiple lawsuits that RED has filed in the past for similar infractions, it argued that the claims RED brought forward were “invalid.

— the two companies must have been in discussions for a far longer amount of time, likely leading back to the initial lawsuit. Speaking to“Due to the lawsuit, we had an opportunity to understand and learn more about RED itself and RED’s history, and we had the opportunity to speak with the founder, Jim.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 527. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

RED Will Continue to Support Canon RF, But Nikon is ‘Considering’ Making Cine OpticsWhile RED is now Nikon-owned, the cameras will still support Canon's RF mount. However, Nikon is looking to join the cine optics game.
Source: petapixel - 🏆 527. / 51 Read more »

A New Camera Using Both Nikon and RED Tech Will Come in ‘A Few Years’The ink is still wet on Nikon's acquisition of RED, but the two teams are already meeting and working on integrating their technologies.
Source: petapixel - 🏆 527. / 51 Read more »

Opinion: Geothermal energy deserves the red carpet, not red tape“Red tape shouldn’t be allowed to hold back the development of innovative new energy technologies that increase choice and competition on the power grid. But without action from Congress, that may happen in the case of enhanced geothermal technologies.
Source: sltrib - 🏆 316. / 61 Read more »

North Texas cities glow red to celebrate 10th annual Red Cross Giving DayRed lights are shining on buildings and landmarks throughout the North Texas skyline in observance of the 10th annual Red Cross Giving Day
Source: NBCDFW - 🏆 288. / 63 Read more »

Sabres vs Red Wings Odds, Picks, and Predictions Tonight: Backing a Red-Hot Buffalo StarNHL odds, picks, and predictions for the Buffalo Sabres at Detroit Red Wings on April 7. NHL betting best bet and free pick analysis.
Source: Covers - 🏆 341. / 59 Read more »

Why Red Lips, Mermaid Hair and More Overtook Runways and Red CarpetsRed lips, mermaid hair, short cuts and fresh faces were just a few of the biggest beauty trends to overtake red carpets and runways.
Source: wwd - 🏆 24. / 68 Read more »