Shutterstock Acquires Backgrid

Shutterstock Acquires Pond5

May 11, 2022

Media & Entertainment

Shutterstock, Inc. acquired Pond5, the world's largest video-first content marketplace, for $210 million in cash. The deal expands Shutterstock's video and editorial content library, provides broader distribution for Pond5's contributors, and is immediately accretive to Shutterstock's 2022 adjusted EBITDA.

Backstage Acquires ShareGrid, a Peer-to-Peer Marketplace for Production Equipment

January 12, 2022

E-Commerce

Backstage has acquired ShareGrid, a peer-to-peer marketplace for film and photography equipment rentals, expanding Backstage's suite of content-creation tools and entering the U.S. production rentals market. The deal was supported by TA Associates, which provides strategic investment guidance to Backstage.

Shutterstock Acquires Envato

July 23, 2024

Media & Entertainment

Shutterstock, Inc. has completed its acquisition of Envato Pty Ltd., adding Envato Elements' subscription offering and approximately 650,000 subscribers. The deal more than doubles Shutterstock's subscriber base to ~1.15 million and significantly expands its library of images, video, audio, templates and other creative assets while diversifying product types and customer segments.

Shutterstock Acquires TurboSquid

January 26, 2021

Cloud & SaaS

Shutterstock, Inc. entered into a definitive agreement to acquire TurboSquid, the world's largest 3D marketplace, for $75 million in cash. The acquisition expands Shutterstock's 3D, AR and VR content capabilities and integrates TurboSquid's marketplace and SaaS digital asset management offerings into Shutterstock's creative platform.

Shutterstock Acquires Certain Assets of Amper Music

November 1, 2020

AI & Machine Learning

Shutterstock, Inc. acquired certain assets of Amper Music, an AI-driven music composition platform, and will integrate Amper's technology and employees into Shutterstock to strengthen its AI-powered music search, discovery, and editing capabilities. Terms were not disclosed; the deal brings Amper's creative AI, proprietary sample library and engineering talent into Shutterstock's product and R&D efforts.

Shutterstock Forms Shutterstock.AI and Acquires Pattern89, Datasine and Shotzr

July 27, 2021

AI & Machine Learning

Shutterstock, Inc. launched a new AI-focused subsidiary, Shutterstock.AI, and acquired three AI-driven creative/marketing platforms — Pattern89, Datasine and Shotzr — for aggregate cash consideration of approximately $35 million. The acquisitions are intended to accelerate Shutterstock's predictive creative, computer vision and content-insights capabilities and commercialize data assets from its large content library.