SUMMARY
Mark Roberts Motion Control Limited (MRMC), a company specializing in robotic camera rigs for cinematic movement and product photography, has entered liquidation proceedings in the UK. This closure comes less than two months after Nikon sold its shares in the company to Blandford Capital LLP. MRMC, which has been operating for over 60 years and has equipment used in Oscar-winning films, will cease business operations and employment. Nikon had acquired shares in MRMC nearly a decade ago, and its recent sale of the company raised questions given Nikon's continued investment in video technology.
TAKEAWAYS
MRMC, a robotics company formerly owned by Nikon, is shutting down.
The company entered liquidation proceedings in the UK in late May.
Nikon sold its shares in MRMC to Blandford Capital LLP in late March.
MRMC is known for its robotic rigs used in cinematic and product photography.