Shutterstock to acquire GIPHY from Meta to expand content offerings and AI capabilities
Shutterstock, a provider of stock photos, has entered into a definitive agreement to acquire GIPHY, Inc. from Meta Platforms in a deal worth $53 million. GIPHY is renowned as the world’s largest collection of GIFs and stickers, serving as a source of casual conversational content. With a massive library of GIFs and stickers, GIPHY garners […]