Adobe Acquires Fotolia For $800M In Cash

December 12, 2014 Marco | Editor

As part of their quarterly earnings announcement, Adobe last night also made public their agreement to acquire Fotolia. For the acquisition, Adobe states it will pay $800 million in cash.

Adobe is the global leading software company for creative solutions including Lightroom, Photoshop, Illustrator and Premiere. Fotolia is one of the leading micrstock agencies, offering more than 34 million files created and submitted by thousands of creatives from around the globe.

The background for the acquisition

Adobe is in the process of moving from selling …read more

Via: Stockphoto press

Marco | Editor

Editor and founder of a bunch of stockphoto businesses

Is The U.S. A Democracy?
This story is not about stock photography. Lately, I have been concerned about the state of Democracy in the U.S. This story outlines some of my thoughts. It is an issue that should concern every U.S. citizen, and maybe citizens of other countries. If you have friends who might be interested in this subject, please […]
Dealing With Model Releases
It should come as no surprise that, in recent years, online waivers and release forms have grown in popularity, especially during the past year. They’ve made it much easier to collect information while maintaining pandemic-approved standards. The stock photo industry, for example, has benefitted from online photo release forms. It provides an effective and efficient way to […]
Jon Oringer’s $52 Million Hampton Home
Take a look at Jon Oringer’s $52 million home https://www.dailymail.co.uk/news/article-9562059/Billionaire-founder-Shutterstock-lists-oceanfront-Hamptons-home-52-million.html in the Hamptons on Long Island.