05/03/2024
Envato Enters into Definitive Agreement to be Acquired by
- “This acquisition is further recognition of the dynamic Australian creative startup industry and its contribution to the global stage—where homegrown innovation is shared worldwide,” acknowledges co-founder Collis Ta’eed
- Expands Shutterstock’s reach within faster-growing audiences such as freelancers, hobbyists, small businesses and agencies
- USD$245 million cash purchase of 100% of Envato Pty Ltd at closing, after customary working capital and other adjustments
For more information, please visit envato.com.