BeReal, the "anti-Instagram" photo-sharing app that had a brief stint atop Apple's App Store charts in 2022, has been purchased by French app developer Voodoo for a whopping €500 million, approximately $537 million.
Leica announced that it acquired smartphone app startup Fjorden Electra to lead the development of the newly-announced Leica LUX app. While the acquisition is only being announced today, it closed in December 2023.
Earlier this year, Nikon revealed the bombshell that it had acquired US-based cinema company RED Cinema, thrusting itself into the video space that it had for so long been on the outside of, looking in. Now, based on its 2023-2024 financials, it has revealed just how much that cost: 13.167 billion yen, or $85 million.
The ink is still wet on Nikon's acquisition of RED Cinema, but the two teams are already meeting and working on integrating their technologies.
Nikon confirmed that it began considering acquiring RED due to the lawsuit the cinema company filed against Nikon back in 2022.
Less than a week after Nikon closed its acquisition of RED, the company tells PetaPixel that it has begun moves to advance its position in cinema and leverage its new partner.
Nikon announced on March 7 that it had entered an agreement to purchase RED. Now, Nikon's huge acquisition is officially complete, just in time for Nikon's NAB 2024 appearance.
The web-based design platform Canva has acquired Affinity, a creative software suite that includes Affinity Photo, an app similar to Photoshop that is made for professional photographers.
Yesterday, Lensrentals announced that it had acquired "select assets" of BorrowLenses from Shutterfly, including the branding and assets. The company confirmed to PetaPixel today that it doesn't include employees or the physical San Carlos, California location.
Lensrentals announced that it has acquired BorrowLenses from Shutterfly, further solidifying its position as the top online photo, video, audio, and lighting equipment rental company in the United States.
In a surprise announcement, Nikon has acquired U.S.-based cinema camera company RED which will become of a subsidiary of the Japanese photography giant.
The Australia-based Rode acquired U.S.-based Mackie, a high-end professional audio brand most widely known for its audio mixers that primarily serve musicians and recording studios.
The Competition and Markets Authority (CMA), the competition watchdog in the United Kingdom, has provisionally determined that Adobe's proposed $20 billion acquisition of Figma would be harmful to the marketplace.
Michigan-based Photo Systems will bring Kodak Professional-branded development chemicals back into production after Sino Promise, the Chinese holding company that previously held the license, exited the photo chemical business this past April.
Aputure has announced that it has acquired film and broadcast lighting maker Prolycht for an undisclosed amount in order to bolster its professional lighting technology.
Toshiba has accepted a buyout offer from Japan Industrial Partners (JIP) and will be going private. The $14 billion transaction will keep the company under Japanese control as it attempts to turn its financial situation around.
Logitech has acquired Loupedeck. The two companies have announced the agreement, although the precise terms of the acquisition were not disclosed.
Yesterday, DPReview announced that it would not be shutting down as originally planned as it and its editorial team have been acquired! Chris Niccolls, Jordan Drake, and Jaron Schneider dig into it in this week's episode of The PetaPixel Podcast.
Analogue Wonderland, one of the leading shops and manufacturers of film photography in the United Kingdom, has acquired SilverPan Film Lab, a processing lab in Bristol.
The BeBop Corporation has sued online rental studio platform Giggster for $25 million, alleging breach of contract and fraud over the sale of multiple photo publications including Outdoor Photographer and Imaging Resource.
Private Equity Firm Lynx has announced that it has acquired Henry's: Canada’s Greatest Camera Store for an undisclosed amount.
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.