Shutterstock To Buy GIPHY From Meta Platforms For 53 Mln In Cash

WASHINGTON (dpa-AFX) – Shutterstock, Inc. (SSTK), a provider of stock photography, said on Tuesday that it has inked a deal to acquire GIF library and search engine GIPHY, Inc. from Meta Platforms, Inc. (META), for $53 million. Paul Hennessy CEO of Shutterstock, said: ‘We plan to leverage Shutterstock’s unique capabilities…Read More

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