Shutterstock builds competitive edge with Turbosquid acquisition

Shutterstock has announced the acquisition of TurboSquid for $75 million cash, and in a single stroke becomes the “world’s largest 3D marketplace.” This deal is a boon for Shutterstock. Turbosquid claims 1.9 million customers. In addition, Turbosquid’s content creators will have a larger pool of customers by joining Shutterstock. Shutter stock has expansion on its mind, last November, Shutterstock acquired ...

Kathleen Maher

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