Shutterstock Acquires Pond5

Getty Images and Shutterstock Announce Merger of Equals in $3.7 Billion Deal

January 9, 2025

Media & Entertainment

Getty Images and Shutterstock entered into a definitive merger agreement to combine in a “merger of equals,” creating a premier visual content company with an enterprise value of about $3.7 billion. The combined company will be named Getty Images Holdings and will continue to trade on the New York Stock Exchange under ticker GETY.

Shutterstock Acquires Envato Pty Ltd

July 23, 2024

Media & Entertainment

Shutterstock, Inc. has completed its previously announced acquisition of Envato Pty Ltd, a digital creative assets and templates leader. The deal adds Envato Elements to Shutterstock’s subscription offering and expands the combined content library and subscriber base.

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 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.

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.