Adobe Acquires Fotolia
Adobe is the global leading software company for creative solutions including Lightroom, Photoshop, Illustrator and Premiere. Fotolia is one of the leading microstock agencies offering more than 34 million files created and submitted by thousands of creative from around the globe.
According to the agreement, Adobe is said to pay $800 million in cash for the stock agency, about one third of the market capitalization of Shutterstock which is listed at the New York Stock Exchange.
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