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Briefly: Nikon has agreed to accumulate Pink Digital Cinema, the high-end digital cinematography firm based mostly out of Foothill Ranch, California. Monetary phrases of the deal weren’t shared, however Pink will grow to be a wholly-owned subsidiary of Nikon as soon as every thing has been finalized.
Pink Digital Cinema was based in 2005 by Jim Jannard, the entrepreneur behind the favored Oakley model of sun shades and sportswear. Jannard got down to revolutionize the trade with a digital film digicam that might match the richness and element of analog movie and based on many, he was profitable.
Pink’s headquarters remains to be positioned in Foothill Ranch, they usually have expanded to achieve almost 220 workers.
In its announcement, Nikon said the acquisition was the results of the businesses’ mutual need to satisfy buyer wants and provide an distinctive person expertise that exceeds expectations. Specifically, Nikon’s experience in product improvement, reliability, optical know-how, and know-how in picture processing will mix with Pink’s data in cinema cameras, distinctive picture compression tech, and colour science, to pave the best way for the event of recent merchandise within the professional digital cinema house.
This isn’t the primary time the 2 corporations have crossed paths. Again in 2022, Red sued Nikon over claims {that a} firmware replace for the Nikon Z9 launched knowledge compression know-how patented by Pink. Lower than a 12 months later, the lawsuit was dismissed and Nikon was allowed to proceed utilizing the tech in its digicam.
Maybe acquisition talks began throughout this era and the swimsuit was dismissed to clear the best way for the buyout?
Nikon has been maintaining busy as of late. Earlier this month, the Japanese optics specialist introduced a partnership with NASA to develop the primary mirrorless digicam to be used on the Moon. Ought to every thing go based on plan, the digicam – dubbed the hand-held common lunar digicam (HULC) – will likely be prepared for the human return mission to the Moon (Artemis III) scheduled for no sooner than September 2026.
Picture credit score: TopSphere Media, Jakob Owens
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