This Week on Microstock: Adobe Acquires Fotolia, Secrets to Photos that Sell, Cameras vs. Smartphones, Interview with Yuri Arcurs, Shutterstock Live Streaming Workshop Series, DMLA Legal Webinar and Addition to Shutterstock Team

By Karen

adobe-aquires-fotolia

Adobe Acquires Fotolia

Adobe announced last week, as part of their quarterly earnings announcement, their agreement to acquire Fotolia for $800M in cash.

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.

Adobe …read more

Via: MSP

    

Marco | Editor

Editor at large and founder of a bunch of stockphoto businesses

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