Posts Tagged ‘acquisition’

Apple Acquires Startup SnappyLabs, Get Ready for Super Fast iPhone Photography

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Apple might be intent on making high-speed burst mode a ‘thing’ in future iPhone models, given that the Cupertino tech giant just acquired a one-man startup known for building an app that could push the iPhone to 20-30fps burst without sacrificing resolution. Read more…

Leica Acquires Swiss Large Format View Camera Manufacturer Sinar

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Leica began its takeover of Swiss view camera manufacturer Sinar all the way back in 2006, when the German company acquired a 51% stake in Sinar from Jenoptik. The real goal, however, was only truly achieved yesterday when both companies announced via press release that they had reached an acquisition deal. Read more…

Snapchat Supposedly Turned Down a $3 Billion Acquisition Offer from Facebook

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When Facebook spent the staggering amount of $1 billion on the Instagram acquisition, people the world over thought they were crazy for throwing that kind of money on an app that, at the time, hadn’t generated any revenue.

Well, that acquisition turned out pretty well for CEO Zuckerberg, who has since allegedly turned his sights on Snapchat, only to have an even more ludicrous offer spurned. How much more ludicrous, you ask? Apparently, Snapchat recently turned down a $3 billion offer from the social media giant. Read more…

Gear Rental Giant BorrowLenses Acquired by Photobook Giant Shutterfly

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Two of big names in the photography industry joined forces today as Shutterfly Inc announced its acquisition of premier photography and videography gear rental service BorrowLenses. Read more…

Yahoo! Snaps Up Startup IQ Engines, Will Improve Flickr Organization and Search

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Yahoo! certainly doesn’t shy away from acquiring companies it believes will help its cause. In some cases those acquisitions turn into long-term investments ala Flickr, in others the acquired company just sort of disappears.

The latest acquisition news out of the Yahoo! camp is that image-recognition startup IQ Engines is joining the Flickr team in order to help improve the organization and search features of the photo sharing site. Read more…

Instagram Enters the Acquisition Game, Purchases Video App Luma

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It wasn’t so long ago that Instagram was in the business of being bought, but now that the app has the power of Facebook behind it, as Bob Dylan would say: The Times They Are a-Changin’. In addition to the recent update to the company’s brand guidelines that banned the use of “Insta” and “Gram” by connected apps (among other things), the company just made an acquisition of its own. Read more…

Photography Website Service liveBooks Acquired by WeddingWire

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Yesterday we shared some news coming out of photographer Vincent LaForet’s camp that the website service liveBooks — which is used by many photographers — was quite possibly on its way out. This after a month of silence and “knowledgeable sources” indicating that the US branch of the business was all but shut down.

A few hours after that news broke, however, we found out what was really happening: liveBooks has been acquired by the online event marketplace WeddingWire. Read more…

Dropbox Shuts Down Photo Storage Site Snapjoy Just 6 Months After Acquiring It

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Back in December, Dropbox acquired the photo storage service Snapjoy, seemingly getting ready to jump head first into the cloud sharing battle. At the time, the announcement on the Snapjoy blog rang with excitement, and even though they weren’t going to be accepting new signups, they promised that “your photos are safe!”

Well, not anymore. As of yesterday, Dropbox has officially decided to shut down the service — a decision that was confirmed by Snapjoy on its blog and through an email to all of its remaining subscribers. Read more…

Yahoo Acquires iOS Photo App Company Ghostbird Software to Improve Flickr

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It looks like the ongoing revamp of Flickr isn’t limited to additional storage space and a new user interface. Yahoo, the company behind Flickr, has acquired Ghostbird Software for an undisclosed sum in order to beef up Flickr’s mobile offerings.
Read more…

Photography Portfolio Website Zenfolio Acquired by Art.com

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Art.com is “the world’s largest online specialty retailer of high-end wall art.” Zenfolio offers “online photography presentation and sales solutions for professional photographers and enthusiasts.” Knowing that, Zenfolio’s acquisition by Art.com announced earlier seems like a match made in sales heaven. Read more…