Published by PJ on 26 Feb 2008
Getty Images $2.4 Billion Take Over
A news release today has told of the future acquisition of Getty Images by a company called Hellman & Friedman LLC. It is estimated that the transaction will be worth $2.4 billion The full press release can be seen here.
iStockphoto, one of the major microstock agencies was itself only recently acquired by Getty in a deal said to be worth $50 million. No doubt there will be questions about what the future holds for this area of the market from buyers and contributors alike.
