Red Digital Cinema and Atomos have settled their differences over alleged patent infringement, reaching an agreement that has Atomos licensing IP from Red.
As part of the announcement, the companies said they had decided to work together on integrating the Red and Atomos product lines to produce new camera recording systems.
“Atomos and Red are now further aligned to make more advanced video recording technology more affordable with no compromise to creative freedom,” said Atomos CEO Jeromy Young in a prepared statement. “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.”
“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,” said Red President Jarred Land in the same statement. “We are looking forward to what the future holds for our partnership.”
As it went public on the Australian Securities Exchange last year, Atomos disclosed that it had so far declined to license four patents related to recording and playback of video codecs from Red, despite Red’s allegations of infringement. Today’s statement indicates that a court battle is not in the cards — and, with any luck, users may come out ahead in the long run.