acquisition

Giggster, an online platform for renting studio space, has acquired Imaging Resource from the BeBop Corporation, PetaPixel has learned.

Shutterstock is set to acquire animated GIF platform Giphy from Facebook and Instagram owner Meta for $53 million in cash, a divestment that the social media company is making in order to comply with United Kingdom regulators.

Madavor Media, which owns multiple photography-centric publications including Imaging Resource, Digital Photo Pro, and Outdoor Photographer, has been acquired by music and theater-focused media platform the BeBop Channel.

SmugMug has acquired the This Week in Photo (TWiP) podcast and media network along with its Editor-in-Chief Frederick Van Johnson. Johnson joins Smugmug to lead what the company calls "content and new media" in addition to his continued role at the head of This Week in Photo.

Adobe has announced it has purchased Figma, a popular design platform and Adobe XD competitor, for $20 billion in cash and stock. The company says the merger will "usher in a new era of collaborative creativity."

CreativeLive has announced that it has acquired the website and content of Wildist.co, a provider of online courses for outdoor and adventure photography.

Shutterstock has today announced the acquisition of Splash News, with 27 million videos and images being added to the photo library's archive.

Shutterstock has announced that it has acquired the world's largest video-centric stock agency Pond5 for $210 million.

Profoto has announced that it has acquired StyleShoots, the makers of hardware and software solutions that completely eliminate the need for a camera crew and deliver finished e-commerce fashion photos through an automated, robotic photo studio.

PhotoShelter has acquired United Kingdom-based digital asset management (DAM) software provider Third Light in a move that is designed to expand PhotoShelter's capabilities for enterprises, organizations, and visual creatives.

Vitec Imaging Solutions, the company that owns Gitzo, Lowepro, Manfrotto, Joby, Syrp, and many other photographic brands, has announced that it has acquired Savage Universal, a major manufacturer of studio backdrops.

Zenfolio has announced that it has acquired Format, one of the leading website-building platforms and marketplace hosts primarily used by professional photographers and artists.

Paypal has reportedly offered to buy the digital pinboard site Pinterest for $45 billion, which could bring more tie-ins to financial technology and e-commerce.

Fiverr has announced that it has acquired Seattle-based CreativeLive which was one of the first major online learning platforms that exploded in popularity in a few years after its launch in 2010.

Shutterstock has announced the acquisition of PicMonkey, an online photo editing and design platform, for $110 million.

It was so close to the first of April, it sounded like an April’s fool hoax: the gentle freedom-loving all sharing company would be selling to the greedy capitalistic money-making titan. Or, in other words, Getty Images was acquiring Unsplash. The two unlikely partners officially became at the end of April, sending ripples through the stock photography world and beyond.

Nikon has bought a majority stake in the U.S. startup Morf3D, an aerospace supplier that has a list of high-profile customers internationally including Boeing. The Japanese camera company's investment comes ahead of an expected boom in small satellite production.

There are rumblings of a major deal brewing in the world of photo-sharing social media platforms. The photo-sharing social media service Pinterest is reportedly in talks to acquire the photo-sharing app VSCO.

Trash was always going to sound funny if a company were to acquire it, as VSCO has done today. Trash is an AI editing video app whose acquisition allows VSCO, which has traditionally focused on still photography, to further diversify.

Facebook may reportedly be hit with both state and federal antitrust lawsuits, with one of the main focuses being its 2012 acquisition of the photo-sharing app Instagram.

When a few days past, the news circulated that Kodak Alaris had sold its paper division to Hong Kong-based Chinese company Sino Promise, reactions were mixed and ranged from disinterest over protectionist outrage to the fear that analog photography would finally meet its demise.

In a surprise announcement on the PRO EDU Community Facebook Page yesterday, the photo/video education company's CEO Gary Martin announced that PRO EDU has acquired Resource Magazine and will be taking ownership of the publication starting June 1st. The photo/video/lifestyle magazine was founded in 2007.

Facebook has just acquired the massive GIF library and creation platform Giphy, with plans to integrate the service more fully into Instagram. The purchase reportedly cost Facebook $400 million, though terms were not officially disclosed.

After announcing that the publication would be closing down last October, photo industry mainstay Imaging Resource revealed today that they have been acquired by Madavor Media: the publisher of Outdoor Photographer, Digital Photo Pro, Digital Photo Magazine, and others.

Apple has quietly acquired a UK-based imaging start-up whose technology could lead to a huge boost in iPhone camera performance. The company, called Spectral Edge, pioneered an "image fusion" technology that uses infrared photos and machine learning to produce photos with more "colour, detail and clarity."

Photo and video editing brand VSCO has acquired action camera maker Rylo. The pairing, which might seem strange at first blush, promises to bring Rylo's innovative mobile video editing tools to the VSCO platform starting "next year."

Sports Illustrated is going the way of Polaroid and Kodak. Once known for its cream-of-the-crop sports photography, the iconic magazine was just sold in a $110 million deal, and the new owner has big plans to make money by licensing out the brand.