Posts Tagged ‘acquisition’

Google Acquires Odysee, A Photo Backup and Sharing App for Smartphones

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Google has acquired Odysee, an app by a small startup called Nimbuz Inc. that had been working on a smartphone software for backing up and sharing photos and videos. Terms of the deal have not been disclosed.
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Shutterstock Acquires UK Photo Agency Rex Features for $33 Million

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Stock photography giant Shutterstock announced today that it has agreed to acquire the UK-based press photo agency Rex Features for $33 million in a mostly cash deal.
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VSCO Acquires Photo Book Startup Artifact Uprising

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VSCO may be trying to branch out from film emulation software and enter the business of photo books. The company has announced that it has acquired photo book printing startup Artifact Uprising.
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Family in Minnesota Buys Majority Stake in Polaroid for $70 Million

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Here’s some news that flew under our radar late last year: in December 2014, a family in Minnesota became the majority owner of Polaroid through a $70 million deal.
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Toronto Gallery Buys the Entire Collection of Vivian Maier Negatives Owned by Jeffrey Goldstein

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Amidst a messy legal battle over copyrights to Vivian Maier’s now famous work, a gallery in Toronto has acquired the entire collection of negatives owned by Jeffrey Goldstein.
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Snapchat Quietly Acquired a Company That Makes Stealthy Camera Glasses

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Reporters all over the world are digging for nuggets in documents that were leaked in Sony’s hacking. Here’s one of the interesting finds: back in March, Snapchat secretly purchased a company that builds stealthy camera glasses.
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Adobe Acquires Stock Photo Service Fotolia for $800 Million in Cold Hard Cash

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Adobe has acquired stock photo giant Fotolia to add a serious stock photography and video marketplace to the Creative Cloud. The price it paid is roughly $800 million in cash.
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Yahoo! Acquires Photo App Maker Cooliris as It Continues to Focus on Improving Mobile

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Having a great mobile experience is key in a day and age when a huge chunk of the online experience is had on a smartphone screen, and Yahoo! is continuing its march towards a great mobile experience today by acquiring the photo app maker Cooliris. Read more…

Flickr Has Hired the Creator of PhotoDrive to Improve Organization & Interaction

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It was recently announced that PhotoDrive, a popular photo uploading service powered by Flickr, is getting shut down. The reason? According to the latest Flickr blog post, Yahoo! has hired Jeff Bargmann, the man behind the growing photo start-up, in an effort to add some more human talent to the Flickr team. Read more…

C&A Marketing Buys Out Calumet Brand, Bringing Back a Few Entities

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It came as quite a surprise to everyone – including their own employees – when Calumet camera stores went out of business quite literally overnight. As is to be expected in such a downfall, much of their capital has been sold off in hopes to gain back as much as possible. But, as much as anything else, the fall of Calumet has left people wondering what will happen to the brand that many photographers came to know and trust.
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