acquisition

Apple Acquires UK Start-Up that Could Provide Major Boost to iPhone Camera

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."

Kodak Film Business on Brink of Being Sold: Report

Big news in the world of film photography: the Kodak film business is reportedly up for sale. Kodak Alaris is said to be looking to sell part or all of its business, and its film business, in particular, could be sold to another company within the next month or two.

Style Me Pretty Saved From Shutdown After Founders Buy It Back

The popular blog Style Me Pretty announced earlier this month that it would be shutting down after inspiring wedding photographers for over a decade. That closure has now been averted after the site's original founders worked out a deal to buy it back from Oath, the company Verizon folded Yahoo and AOL into.

My Thoughts on the SmugMug Flickr Acquisition

Yesterday, we learned that the photo-sharing site Flickr has been acquired by the photo sharing site SmugMug. Terms of the acquisition were not disclosed.

Flickr Has Been Acquired by SmugMug

Huge news in the photo sharing world today: SmugMug just announced that it has acquired Flickr from Yahoo, which was itself acquired by Verizon last year. This deal "will create the most influential photography community in the world," SmugMug says.

GoPro May Soon Be a Chinese-Owned Company

GoPro's brand may be widely recognized, but its business has been struggling mightily as of late. But there's now some news that may offer a glimmer of hope for investors: GoPro may soon become a Chinese-owned company.

DxO Buys Nik Collection from Google, Will Resume Development

The popular Nik Collection of photo editing software will live on. Just months after Google said that it was abandoning the brand and ending development, DxO has just announced that it has acquired Nik Collection from Google and will continue development "for the benefit of the photographer community."

Apple Acquires AI Tech That Can See a Photo’s Aethetics

Apple has quietly acquired a new French technology startup, Regaind, which specializes in AI and computer vision for analyzing photos. Apple's Photos app is already able to search through images using keywords like "dog" or "tree" and pull out the relevant images, but this acquisition may indicate further AI developments for the app.

Lexar Has Been Acquired by a Chinese Flash Storage Company

Back in June, Micron announced that it would be discontinuing its Lexar retail removable storage business, which makes memory cards used by photographers around the world. But now it looks like the Lexar brand will live on: it has been acquired by the Chinese flash storage company Longsys.

Report Claims Japanese Government is Asking Fuji to Buy a Stake in Nikon

This is going to be the strangest (and most controversial) piece of photo industry news you'll read today. According to a report published by the reputable Japanese magazine Sentaku, the Japanese government is trying to convince Fuji to 'help' Nikon by buying a stake in the troubled camera company.

DJI Has Acquired Hasselblad: Report

Back in November 2015, the Chinese camera drone company DJI announced that it had acquired a minority stake in the legendary Swedish camera brand Hasselblad. The following July, the two companies teamed up to launch a monster $4,599 medium format drone. According to a new report, DJI has since acquired Hasselblad by becoming the majority owner.

Not a ‘Sell Out’: Casey Neistat Explains Why He Sold Beme to CNN

The news that Casey Neistat and his team at Beme was going to be joining CNN to do ... something? ... and that this acquisition cost CNN a reported $25 million has been met with mixed reactions. Here to set the record straight on a few FAQs about the deal is Neistat himself.

Ricoh Acquires Eyefi’s Cloud Service

Ricoh has announced that it's acquiring Eyefi's Cloud service, the photo hosting product that was launched in April 2014. Eyefi will continue to own and sell its Wi-Fi-enabled SD memory cards, now called the Mobi Pro, which it has long been known for.

Calumet and Bowens Acquired: New Owner Plans New Stores

The European investment group AURELIUS announced today that it has acquired Calumet Photographic and Bowens Lighting, two well known brands in the world of photography. The sale will allow Calumet to expand its retail stores in new cities in Europe.

It Looks Like Flickr is Now For Sale

It's looking more and more like Flickr will soon find itself under the control of a new owner. It's no secret that its parent company, Yahoo, has been struggling as of late, and now the latest word is that Yahoo is on the auction block and taking offers for its businesses.

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.

Yahoo May Sell Flickr and Its Core Internet Business

Flickr could soon find itself with a new owner. Yahoo is reportedly considering a sale of its struggling core Internet business, in which the photo sharing service Flickr -- acquired back in 2005 for around $25 million -- is just a small piece of the pie.

Canon Tried to Buy Sigma and Was Rejected: Report

Sigma's reputation has skyrocketed in recent times after the introduction of its highly regarded Art series of lenses for a number of mounts. It looks like the success has attracted the attention of at least one major suitor.

Canon reportedly tried to acquire Sigma recently, but had its offer rejected because Sigma hopes to continue its growth as an independent company.

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.