Shutterstock köper Picmonkey för 945 miljoner

PicMonkey is an online photo editing and design service that can be accessed from a web browser, or through a mobile app. The company behind the service is headquartered in downtown Seattle, Washington. PicMonkey offers graphic design and photo editing tools, as well as design templates for wedding invitations, announcements, thank you cards, business cards, etc. While free users can access most of the tools and features on the site, a membership is needed for the full design and photo editing workflow, which includes saving, sharing to social accounts like Facebook and Twitter, and access to PicMonkey's integrated cloud storage option. PicMonkey has an open API for developers to integrate its tools directly into a website. Some current API partners include Facebook, Ipernity, and SmugMug. PicMonkey's affiliate partner is ShareaSale. PicMonkey was recognized as a Top 100 Website in 2013 by PC Magazine, listed as hosting one of the Best April Fools’ Pranks of 2014 by TIME Magazine, and recognized as one of the most affordable online services for startups.

Shutterstock is a global provider of stock photography, stock footage, stock music, and editing tools; it is headquartered in New York. Founded in 2003 by programmer and photographer Jon Oringer, Shutterstock maintains a library of over 350 million royalty-free stock photos, vector graphics, and illustrations, with over 21 million video clips and music tracks available for licensing. Originally a subscription site only, Shutterstock expanded beyond subscriptions into a la carte pricing in 2008. It has been publicly traded on the New York Stock Exchange since 2012.