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Application Software M&A image Application Software M&A » By The Online Investor Staff, updated Fri., Mar. 29, 8:10 AM Recent mergers and acquisitions in the Application Software M&A category.

Slide #56. Shutterstock WebDAM

Acquirer: Shutterstock (NYSE:SSTK)
Acquiree: WebDAM
Details: Shutterstock, Inc. (NYSE: SSTK), a leading global provider of commercial digital imagery, today announced that it has entered into a definitive agreement to acquire WebDAM, a leading provider of web-based digital asset management software.

Shutterstock is a global creative platform providing solutions, content, and workflow solutions for brands, businesses and media companies. Co.'s primary offerings include: Images, consisting of photographs, vectors and illustrations; Footage, consisting of video clips, footage filmed by industry personnel and cinema grade video effects; Music, consisting of music tracks and sound effects, which are used to complement images and footage; 3 Dimensional Models, which used in various industries such as advertising, media and video production, gaming, retail, education, design and architecture; and Creative Design Software, consisting of its online graphic design and image editing platform.

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Company Name:  Shutterstock Inc
Stock buyback:  SSTK buyback
Website:  www.shutterstock.com
Sector:  Application Software
Number of ETFs Holding SSTK:  53
Total Market Value Held by ETFs:  $307.33M
Total Market Capitalization:  $1.63B
% of Market Cap. Held by ETFs:  18.84%
 

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March 29, 2024    8:10 AM Eastern
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Hold (2.40 out of 4)
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