TurboSquid and now PicMonkey are the latest to be added to Shutterstock’s extensive portfolio which also includes Offset, a high-end image collection, Shutterstock Studios, an end-to-end custom creative shop, Premium Beat, a royalty-free music library, Shutterstock Editorial, a source of editorial images and videos for the world’s media, Amper Music, an AI-driven music platform, and Bigstock - a value-oriented stock media offering. Shutterstock, a publicly traded photo and video company based in New York City, has acquired Seattle-based photo-editing company PicMonkey. This deal follows Shutterstock’s acquisition of TurboSquid - a 3D-render stock agency - earlier this year which cost the company $75 million.
#Shutterstock seattlebased picmonkey update#
Update 4/22: Migration, bugs, tech support Hey, PicMonkeyers, a quick update As we continue with the integration of our systems, we will be making some changes to the editor. At the time of publication, Shutterstock has over 1.8 million contributors and more than 380 million images and more than 22 million video clips available. Everything to Know About PicMonkey + Shutterstock. The cash deal to acquire the Seattle-based startup PicMonkey was finalized this week. PicMonkey is also available as a free app on both Google Play and Apple App Store.Īs Shutterstock’s library of royalty-free stock photos will become integrated within PicMonkey design workflow, this process will replace Unsplash and Stock by Getty images which have been available to users prior to the acquisition. Shutterstock has announced the acquisition of PicMonkey, an online photo editing and design platform, for 110 million. (NYSE: SSTK), a leading global creative platform offering full-service solutions, high-quality content, and applications for brands, businesses and media companies, today announced the acquisition of PicMonkey, a leading online graphic design and image editing platform that enables creators of any skill level to design high-quality visual assets from presentations.
#Shutterstock seattlebased picmonkey professional#
The acquisition will allow Shutterstock to incorporate what it describes as PicMonkey’s easy-to-use design and editing tools, collaboration features across teams, and robust library of pre-designed templates to further deliver on what the company envisions for its customers - easy access to professional and creative content that doesn’t require its users to have prior knowledge or formal training.
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