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Getty Images and Shutterstock will merge to create a giant company focused on photos and other visual content in a deal valued at $3.7 billion, the two firms announced on Tuesday.
And it might soon be the norm. Leading stock photography company Shutterstock announced today that it has acquired TurboSquid, a digital media company that sells 3D assets, for $75 million.
Shutterstock said the deal for Giphy is being funded through cash-on-hand and existing revolving credit facility. The company said it expects Giphy to contribute “minimal revenue” in 2023 with ...
NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) -- Getty Images Holdings, Inc. (NYSE: GETY) and Shutterstock, Inc. (NYSE: SSTK) today announced the companies have each received a Request for Additional ...