Tuesday, May 23, 2023

Shutterstock plans to acquire Giphy from Meta for $53M in cash, after the UK CMA blocked Meta's acquisition in 2022; Meta can still access Giphy content (Yuvraj Malik/Reuters)

Yuvraj Malik / Reuters:
Shutterstock plans to acquire Giphy from Meta for $53M in cash, after the UK CMA blocked Meta's acquisition in 2022; Meta can still access Giphy content  —  Stock photos repository Shutterstock Inc (SSTK.N) said on Tuesday it would buy animated-images platform Giphy Inc from Meta Platforms Inc (META.O) for $53 million in cash.



at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Sources: the US office responsible for the $52B CHIPS Act will lose ~40% of its staff, including ~40 who are probationary, as Trump cuts the federal workforce (Mackenzie Hawkins/Bloomberg)

Mackenzie Hawkins / Bloomberg : Sources: the US office responsible for the $52B CHIPS Act will lose ~40% of its staff, including ~40 who ...