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Application Software M&A image Application Software M&A » By The Online Investor Staff, updated Thu., May. 26, 12:38 AM Recent mergers and acquisitions in the Application Software M&A category.

Slide #56. Shutterstock WebDAM

Acquirer: Shutterstock (NYSE:SSTK)
Acquiree: WebDAM
Details: Shutterstock, Inc. (NYSE: SSTK), a leading global provider of commercial digital imagery, today announced that it has entered into a definitive agreement to acquire WebDAM, a leading provider of web-based digital asset management software.

Shutterstock is a global creative platform providing solutions, content, and workflow solutions for brands, businesses and media companies. Co.'s primary offerings include: Images, consisting of photographs, vectors and illustrations; Footage, consisting of video clips, footage filmed by industry personnel and cinema grade video effects; Music, consisting of music tracks and sound effects, which are used to complement images and footage; 3 Dimensional Models, which used in various industries such as advertising, media and video production, gaming, retail, education, design and architecture; and Creative Design Software, consisting of its online graphic design and image editing platform.

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Company Name: 
Shutterstock Inc
Website: 
www.shutterstock.com
Sector: 
Application Software
Number of ETFs Holding SSTK: 
60
Total Market Value Held by ETFs: 
$305.62M
Total Market Capitalization: 
$2.12B
% of Market Cap. Held by ETFs: 
14.45%
 

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Strong Buy (3.67 out of 4)
55th percentile
(ranked higher than approx. 55% of all stocks covered)

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