Getty Images, Shutterstock agree to merge in $3.7…
Getty Images and Shutterstock will merge to create a giant company centered on images and different visible content material in a deal valued at $3.7 billion, the 2 companies introduced on Tuesday.
The firms — whose tie-up comes as pictures and different nonetheless pictures are going through a surge of contemporary competitors from pictures created by artificial intelligence — mentioned Tuesday that they’ve complementary portfolios and that a merger will present clients with a broader array nonetheless imagery, video, music, 3D and different media.
Getty and Shutterstock will enter into a merger of equals — that means…
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