(MENAFN- Baystreet) Mergers and Acquisitions are Gaining Momentum in mining
CNH Loses Ground on Q1 Results
Appian Collapses on
financial Figures
Shell Leaps on Beating Q1
profit Numbers
Five of the Top Healthcare AI
Stocks to Buy and Hold Today Previous Articles Subscribe to Get Small Cap News & Alerts Glenn Wilkins - Thursday, May 2, 2024
Shutterstock Falls on Buying Envato
Shutterstock, Inc. (NYSE: SSTK) shares began Thursday downward. The New York-based Shutterstock, a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, today announced that it entered into a definitive agreement to acquire Envato Pty Ltd., a leader in digital creative assets and templates. Envato's flagship product, Elements, is a creative subscription providing unlimited downloads of a diverse array of assets, templates and more-an intelligent creative companion helping creatives make their mark globally.
Founded in 2006 and headquartered in Australia with a presence in Mexico and New Zealand, Envato enables millions of people around the world to buy and sell creative assets, use smart design templates and learn creative skills. Through its combination of an extensive breadth of asset types, a deep library, a compelling value proposition and quality artistry, Envato helps creatives get projects done faster and more effectively.
"We're thrilled about this transaction and looking forward to welcoming the Envato team to Shutterstock," said Shutterstock CEO Paul Hennessy. "Envato is perfectly positioned to serve a growing customer need for an unlimited multi-asset subscription to a library of creative content, with an emphasis on videos, audio, graphics, fonts and templates.”
SSTK opened Thursday's session behind yesterday's close $1.62, or 3.8%, to $40.82.
About Us Contact Us Advertise License Our Content Jobs Disclaimer Privacy Policy
Copyright 1998 - 2024 Baystreet Media Corp. All rights reserved. Nasdaq Stocks: Information delayed 15 minutes. Non-Nasdaq Stocks: Information delayed 20 minutes. Bid and Ask quotation information for NYSE and AMEX securities is only available on a real time basis. Market Data is provided by QuoteMedia. Earnings by Zacks. Analyst Ratings by Zacks
MENAFN02052024000212011056ID1108168306
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.