Shutterstock Acquires Certain Assets of Amper Music

November 1, 2020

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.

Buyers
Shutterstock, Inc.
Targets
Amper Music, Inc.
Sellers
Amper Music, Inc.
Location
New York, United States
Transaction Type
Buyout

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