Shutterstock to Acquire WebDAM, Leader in Web-Based Digital Asset Management
Acquisition will deepen Shutterstock’s relationship with large enterprise customers
NEW YORK, March 3, 2014 /PRNewswire/ — Shutterstock, Inc. (NYSE: SSTK), a leading global provider of commercial digital imagery, today announced that it has entered into a definitive agreement to acquire WebDAM, a leading provider of web-based digital asset management software.
WebDAM provides marketing and creative teams with online tools for managing, searching, distributing and collaborating on creative digital assets in the cloud, including images, videos, creative files, documents and presentations. The company’s offerings are particularly attractive to large enterprises, which make up a sign… …read more
Via: Shutterstock press