acquired

Corbis Images Sold by Bill Gates to Visual China Group

One of the largest photo collections in the world was just sold. Corbis, which is owned by Bill Gates, has sold off its images business to Visual China Group, China's equivalent of Getty Images. VCG is the same company that led a $13 million investment in 500px in 2015, and which is partnering with 500px to expand into China.

Eyefi Acquires OKDOTHIS and Leaps Into the World of Photo Sharing Apps

Eyefi is best known for its Wi-Fi-capable memory cards that allow photos to be beamed to computers and mobile devices directly from cameras. Wi-Fi is appearing as a built-in feature in more and more cameras, though, and Eyefi has been pivoting its business in recent days.

Today the company jumped into the world of mobile apps by announcing that it has acquired OKDOTHIS, the photography inspiration app and community that was created in 2012 by photographer Jeremy Cowart and the Nashville-based app startup Aloompa.

SanDisk Acquired by Western Digital for $19 Billion

SanDisk just succeeded in its mission to get bought out. Hard drive maker Western Digital announced today that it has agreed to acquire SanDisk in a deal worth about $19 billion in cash and stock. If all goes well, the deal will close in the third quarter or 2016.

It Lives: Photoflex Acquired by PromarkBRANDS

Back in April, the lighting company Photoflex unexpectedly announced that it would be closing shop after 30 years in the business, to the disappointment of many. Later that month, the struggling company revealed that it was working on a deal to allow the brand to live on. They succeeded.

Photoflex announced yesterday that it has been acquired by the lighting company PromarkBRANDS. Terms of the deal were not disclosed.

Leica Acquires Swiss Large Format View Camera Manufacturer Sinar

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.

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

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.

Photography Portfolio Website Zenfolio Acquired by Art.com

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.

Citizen Journalism Photo Agency Demotix Snatched Up by Corbis

Corbis, one of the largest photo agencies in the world, has agreed to acquire Demotix, a crowd-sourced citizen journalism photo agency that was founded in 2008. Corbis had already picked up a piece of the young agency through an investment last year, but now it has decided to purchase the whole company outright. The acquisition price was not disclosed.

Apple Reportedly Acquires Photo Sharing App Color

Well, that's quite a turn of events. Yesterday we reported that photo sharing app Color had denied rumors that the service would soon be shutting down. Based on the app's lack of users, we said that Color would need to find some traction -- and find it soon -- for the $41 million invested in it to pay off. Turns out they won't be needing a miracle after all, because they've reportedly already found one: the app will reportedly be acquired by Apple.

Shutterfly Gobbles Up Another Camera Company Photo Sharing Site

Shutterfly is making a habit of gobbling up photo sharing services that camera companies no longer want to run. Less than half a year after acquiring Kodak Gallery from Kodak for a meager $23.8 million, Shutterfly has now taken another photo site off the hands of a company very similar to Kodak: Fujifilm. The Japanese imaging company has agreed to dump its photo sharing and printing business SeeHere into Shutterfly's lap, shutting down the service on November 8, 2012.

Social Photo Aggregator Pixable Acquired for $26.5 Million

Social photo aggregation service Pixable has been acquired by Singaporean telecommunications company SingTel for $26.5 million. The service helps in photo browsing and discovery by aggregating photographs from your various social networks (e.g. Facebook, Twitter, Instagram, Flicker) and using a special ranking system to only show you the interesting images. Billing itself as a "photo inbox", users can also keep up with their friends' photographs on-the-go using the company's popular iOS and Android apps.

Getty Images Acquired for $3.3 Billion by Private Equity Firm

American private equity firm Carlyle Group announced today that it has agreed to drop $3.3 billion to acquire Getty Images from private equity firm Hellman & Friedman. H&F purchased Getty Images just four years ago for $2.4 billion, so it seems that the stock photo company is doing decently well.