Shutterstock Acquires Pond5 for $210 Million
Shutterstock has announced that it has acquired the world's largest video-centric stock agency Pond5 for $210 million.
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.
Unsplash has announced that as of today it is being acquired by Getty Images. In a blog post, Unsplash's founder Mikael Cho says that it will continue to operate as a standalone brand inside of Getty and that the free content model won't be changing.
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.
The Kodak paper and photochemical business is reportedly being sold to a Chinese company.
After a year of rumors, denials, and backtracking, it's finally official: Olympus is exiting the camera business after an 84-year run as one of the world's most recognizable brands in the industry.
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.
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.
Time magazine is changing hands. Billionaire and Salesforce.com founder Marc Benioff and his wife Lynne have agreed to acquire the famous red-bordered publication for $190 million in cash.
The stock photo powerhouse Getty Images is now once again owned by the Getty family from which it received its name. The company announced that the family has acquired a majority stake in the company and will take full control.
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.
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.
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'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.