In a surprise move, Nikon Corporation has acquired RED in its entirety, with the company to become a subsidiary of the Japanese business.
Founded by Jim Jannard in 2005, the US-based RED was at forefront of the introduction of digital cinema cameras, such as the original RED ONE 4K. RED earned a Scientific and Technical Academy Award in 2017 for the RED Epic.
Source: Nikon acquires RED – IF Magazine