Shutterstock plans to acquire Giphy from Meta for $53M in cash, after the UK CMA blocked Meta's acquisition in 2022; Meta can still access Giphy content
Stock photos repository Shutterstock Inc (SSTK.N) said on Tuesday it would buy animated-images platform Giphy Inc from Meta Platforms Inc (META.O) for $53 million in cash.
Meta confirms it will divest itself of Giphy globally after UK's CMA gives a final order to sell the company, following a court-ordered reassessment in July
Bye-bye: Meta has again been ordered by the UK's competition watchdog to sell animated GIF platform, Giphy. And this time it's final.
John Borthwick, one of Giphy's early investors and board members, describes how the Facebook deal came about and says talks began in late March
@ow https://onezero.medium.com/... https://twitter.com/... @vivekxk : 1/5 Seems like the Giphy deal is strategically great for FB and probably gave Giphy the lifeline it needed. FB gets valuable intel...
John Borthwick, one of Giphy's early investors and board members, describes how the Facebook deal came about and says talks began in late March
John Borthwick was one of Giphy's first believers. The company, which Facebook just bought for a reported $400 million, launched in 2013 out of Betaworks …
Facebook to buy Giphy, keep its branding, integrate with Instagram; sources say the deal is worth ~$400M, while Giphy was valued at ~$600M in its latest round
Facebook has agreed to buy Giphy, the popular platform of sharable animated images, Axios has learned from multiple sources.
Facebook's purchase of Giphy gives FB insight into how and where gifs are shared outside of its own apps, including device IDs and keystrokes in Giphy tools
GIPHY joins Facebook's data collection arsenal — Facebook announced on Friday that it will buy Giphy, a popular GIF search engine …
Facebook to buy Giphy, keep its branding, integrate with Instagram; sources say the deal is worth ~$400M, while Giphy was valued at ~$600M in its latest round
Facebook has agreed to buy Giphy, the popular platform of sharable animated images, Axios has learned from multiple sources.