Earlier this year, after years of struggle, Germany-based stock photo website EyeEm went bust. It had stopped paying photographers even before that, but hey, good news – you’ll finally get your money! Spanish platform Freepik has acquired EyeEm, and the first they’re doing is paying the debts.
The company that owns OM System now also owns Toshiba after $14bn deal
This is an interesting one. Japan Industrial Partners (JIP), the private equity company which saved Olympus’ camera division, is buying out Toshiba for $14 billion. Toshiba has been struggling since 2015, and JIP wants to turn that around.
While Sony is the top dog these days when it comes to camera sensors, Toshiba has been known to make camera sensors in the past. 2013’s Nikon D5200, for example, contains one. So the deal potentially brings a lot of new tech to OM System.
Logitech acquires Finland-based Loupedeck
In what’s turning out to be an interesting journey to transition Logitech more into the creator space, the company has acquired desktop console company, Loupedeck. This is the first such acquisition in this sector by Logitech since they bought out Litra in 2021.
The deal concluded on July 18th, with Logitech announcing that they’d acquired Loupedeck with a focus towards live streaming. Exactly what this means for the future of Loupedeck products, however, is uncertain.
Zeiss targets virtual production with motion tracking company acquisition
Zeiss has acquired UK-based Ncam Technologies Ltd. Founded in 2012, Ncam is a developer of camera tracking systems. These are used for things like motion control, visual effects and virtual production. Zeiss appears to want to move into the camera tracking space, hence the acquisition.
What makes Ncam special is that its a system you can use anywhere. Indoors or outdoors, in just about any environment you can think of. Compact hardware mounts directly to the cameras, letting you visualise AR, MR, XR, set extensions or complete new environments.
DPReview is saved after acquisition by Gear Patrol
It looks like the hopes of the photography community did not go unheard. DPReview is saved. It’s been acquired from Amazon by consumer tech publication, Gear Patrol. And as from yesterday, they are the new owners of DPReview. Both DPReview and Gear Patrol issued statements on the acquisition and what it means for both organisations going forward.
No information has been published about the terms of the deal with Amazon, but DPReview now has a promising future ahead of it. Which isn’t bad considering it was supposed to end forever two months ago.
Meta sells Giphy to Shutterstock for $53 million after the UK order
SmugMug has acquired popular photography podcast, This Week in Photo (TWiP)
SmugMug has acquired the popular photography podcast, This Week in Photo – otherwise known as TWiP. It’s the second acquisition by the company after picking up Flickr in 2018. As well as acquiring the podcast itself, TWiP Editor in Chief Frederick Van Johnson is also joining SmugMug. He will lead content and new media while maintaining his role with TWiP to help it continue to grow and evolve.
SmugMug+Flickr VP of Marketing, Scott Kinzie says that “It’s an ideal match”, with both companies and TWiP having the goal of increasing the influence and impact of photography worldwide. TWiP was created by Frederick in 2008 as a primarily gear-focused podcast. It’s evolved since then to cover just about every topic in the photography industry.
UK orders Meta to sell Giphy, and it’s final
Back in 2020, Facebook (now Meta) bought Giphy, by which it became one of several mainstream platforms under its wing. But UK’s watchdog says enough. Competition and Markets Authority (CMA) has ordered Meta to sell the animated GIF platform – and the order is final.
Shutterstock acquires stock video platform Pond5 for $210 million
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After Turbosquid and PicMonkey, stock photo platform Shutterstock has acquired another company. This time, it’s Pond5, one of the major stock video platforms in the world. Shutterstock has disclosed the details of the deal, revealing that they acquired Pond5 for $210 million.
Vitec buys yet another company – Savage Backdrops
Yet another company has come under the wing of The Vitec Group. The company has now acquired Savage, the leading backdrop brand in the industry, and the two companies will merge by the end of this month.
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