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Atomos and RED announce royalty-based licence agreement

Red.com, LLC and Atomos Ltd have reached an agreement in relation to Atomos’ use of some of RED’s intellectual property.

Speaking about the agreement, Jeromy Young, CEO of Atomos said: “Atomos and RED are now further aligned to make more advanced video recording technology more affordable with no compromise to creative freedom. RED have always been at the forefront of digital cinema technology and propelled the industry forward at an astounding rate. We are excited to be able to now work closely with RED, not only by utilising some of their key intellectual property, but in joining forces with them on future products.”

In the process of negotiating Atomos’ licence to use RED’s intellectual property, the companies recognised that there is significant opportunity for them to enhance the integration of their product lines to produce what they both expect to be trail-blazing new camera recording systems.

Jarred Land, President of RED Digital Cinema added: “We welcome the new relationship with Atomos and feel that their innovation combined with our patented technology should fuel broader adoption of 4k and above, content creation. We are looking forward to what the future holds for our partnership.”