The RED vs. Nikon patent lawsuit has been dismissed:
“Plaintiff Red.com, LLC and Defendants Nikon Corporation and Nikon Inc. hereby stipulate and move pursuant to this joint motion, under Federal Rule of Civil Procedure 41(a)(1)(ii), that this action be dismissed without prejudice as to all claims, counterclaims, causes of action, defenses, and parties, with each party bearing their own attorney’s fees and costs.” (via Ymcinema)
Nikon is denying RED’s accusations and will be fighting the lawsuit
RED is suing Nikon for infringing on its video compression patents
