Shutterstock Acquires Pond5

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 Backgrid

February 1, 2024

Media & Entertainment

Shutterstock, Inc. has acquired Backgrid, a global celebrity news and photo agency, adding more than 30 million images and videos and over 1,400 contributors to Shutterstock's editorial library. The deal expands Shutterstock's editorial and celebrity content capabilities and bolsters its U.S. coast-to-coast and global editorial reach.

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.

Fortress Brand Acquires Taylor & Pond

June 1, 2022

Marketing & Advertising

Fortress Brand, a New York–based digital marketplace accelerator, has acquired Taylor & Pond, a San Diego–based 360° digital marketing agency focused on beauty, health, and wellness. The deal expands Fortress Brand's creative and demand-generation capabilities and deepens its expertise in beauty and wellness, enabling integrated marketplace, performance, and analytics services across its platform.