Shutterstock and Getty Images will join to become a $3.7 billion visual content company
Visual content companies Shutterstock and Getty Images will join to become a $3.7 billion visual content company. The companies said Tuesday that they have complementary portfolios and that a merger will provide customers with a broader array still imagery,
Getty Images, Shutterstock agree to merge in $3.7 billion deal. Here's what to know.
Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content company.'
Getty Images, Shutterstock merge to form $3.7B visual content powerhouse
Getty Images & Shutterstock merge into a $3.7B media giant, combining their vast libraries & resources to redefine the visual content industry.
Getty Images, Shutterstock agree to merge in $3.7B deal as AI competition heats up
News of the merger sent Getty stock surging by nearly 60% in pre-market trading on Tuesday. The stock was selling at $2.57 a share on Monday.
Visual Content Giants Merge: Getty Images Buys Shutterstock For $3.7 Billion
Getty Images is buying Shutterstock to create a $3.7 billion visual content company. The merger comes at a time when companies that use still images are facing increased competition from images generated by artificial intelligence.
Getty Images, Shutterstock to Merge Into $3.7B Visual-Content Company -- Update
Shares of both companies surged on the news, with Shutterstock advancing 19% to $35.80 and Getty rising 25% to $3.22, on track for its biggest percentage increase in nearly two years. Getty was founded in 1995 by Chairman Mark Getty and has traded publicly since 2021 after a merger with a blank-check firm.
Getty Images buying Shutterstock to create a $3.7B visual content company
GETTY Images is buying Shutterstock to create a $3.7 billion visual content company.The merger comes at a time when companies that use still images are facing i
Getty Images and Shutterstock Agree To Merge To Dominate Visual Content, Shares Jump
Getty Images Holdings, Inc. (NYSE:GETY) and Shutterstock, Inc. (NYSE:SSTK) shares are trading higher premarket on Tuesday after the companies entered a deal to create a visual content company in a merger of equals.
Shutterstock and Getty Images to join and become huge visual content company
Visual content companies Shutterstock and Getty Images will join to become a 3.7 billion dollars (£3 billion) visual content company. The companies said on Tuesday that they have complementary portfolios, and the transaction creates a broader set of visual content products across still imagery, video, music, 3D and other asset types.
Getty Images and Shutterstock are merging into one stock photo powerhouse
Shutterstock are joining forces in a merger valued at around $3.7 billion, the companies announced on Tuesday. The merger will allow the companies to expand their stock photo libraries as they face increasing competition from AI-powered image creation tools.
Getty Images Merges with Shutterstock for Major Synergies
Discover outperforming stocks and invest smarter with Top Smart Score StocksFilter, analyze, and streamline your
Cambridge agtech startup Inari raises equity at $2.17 billion valuation
Massachusetts agtech startup Inari Agriculture Inc. said it raised $144 million of new equity at a $2.17 billion valuation, a ...
Skadden, White & Case Aid Getty Plan to Acquire Shutterstock (1)
Skadden and White & Case are assisting Getty Images Holdings Inc.'s plan to buy Shutterstock Inc. to create a combined ...
Shutterstock and Getty Images to join to become US$3.7-billion visual content company
The companies said Tuesday that they have complementary portfolios and that a merger will provide customers with a broader ...