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Cinema camera maker RED acquired by Nikon
In a surprise announcement this morning, Nikon Japan – there has been no word from the UK subsidiary – announced they’ve acquired the cinema camera maker RED, making the US-based independent company a subsidiary. While it’s not surprising that RED has been acquired – James Jannard was the founder of Oakley sunglasses until moving onto RED cinema cameras- what is unexpected is that Canon has seemingly missed this opportunity. Press release: Nikon Corporation (President: Toshikazu Madate, Minato-ku, Tokyo) announced today that it has entered into an agreement with James Jannard, founder of RED.com, LLC (President: Jarred Land, California, hereinafter referred to as “RED”), a U.S.-based company that develops, manufactures, sells,…