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Industry News: Shutterstock Acquires Web-Based Photo Editor PicMonkey for $110M

By David Schonauer   Wednesday September 22, 2021

Shutterstock has announced the acquisition of PicMonkey, an online photo editing and design platform, for $110 million. The cash deal to acquire the Seattle-based startup was finalized this week, notes PetaPixel. PicMonkey was founded in 2012 and offers users web-based image editing and design tools, with access to thousands of …

Read the whole story at PetaPixel.


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