Shutterstock acquires Envato in $245m deal to expanding digital creative content offering

Shutterstock acquires Envato in $245m deal to expanding digital creative content offering

Shutterstock, Inc. (NYSE: SSTK), a global creative platform, has announced a definitive agreement to acquire Envato Pty Ltd. (Envato) in a $245 million cash deal, expanding its creative content and subscription services. Envato is a leader in digital creative assets and templates, offering an unlimited download subscription through its flagship product, Envato Elements. Strategic Highlights […]