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Games developer Voodoo acquires social photo network BeReal Acquisitions 

Games developer Voodoo acquires social photo network BeReal

Voodoo, a mobile apps and games publisher with more than 7 billion downloads worldwide, acquired BeReal, the Gen Z social network dedicated to authenticity. Terms weren’t disclosed, but the company said this transaction, which is valuing BeReal at €500 million, Voodoo further accelerates its diversification into consumer apps. Voodoo intends to further invest in BeReal while providing its expertise in... Read More
Condé Systems sold to TrophyKits owner, second-chance auction through Friday Acquisitions News 

Condé Systems sold to TrophyKits owner, second-chance auction through Friday

David McLean, the Jacksonville, Fla, owner of TrophyKits, announced the purchase of the business rights of Condé Systems, including the Condé brand, toll-free number and social media accounts, from the June 4 online asset auction. Details weren’t disclosed, but the company said more information will be provided in the coming days and weeks at www.conde.com. McLean said he founded TrophyKits.com... Read More
Leica Camera acquires Fjorden Electra AS company, launches Leica LUX app Acquisitions New Products Updates 

Leica Camera acquires Fjorden Electra AS company, launches Leica LUX app

Fresh off the acquisition of app developer and accessories maker Fjorden Electra AS, Leica Camera AG launched the Leica LUX app, a professional camera app that brings the Leica Look to the iPhone. The freemium app, which has a $69.95 annual subscription, caters to both seasoned photographers and beginners, offering features suitable for anything from quick snapshots to artistic compositions. the... Read More
Advertek completes acquisition of CCI, expands operations and facilities Acquisitions News 

Advertek completes acquisition of CCI, expands operations and facilities

Advertek, one of Canada’s leading print innovators, announced the successful completion of its previously announced acquisition of Custom Colour Imaging (CCI), a Toronto-based photo lab and print-on-demand company. As part of the integration, Advertek’s current Print on Demand, Small and Large Format Printing, and Mailing divisions, formerly based in Brampton, ONT, will now operate out of the existing CCI facilities... Read More
Smartphoto group acquires TopFanZ Acquisitions News 

Smartphoto group acquires TopFanZ

Belgian e-commerce company Smartphoto group NV announced the acquisition of TopFanZ, a European merchandiser for the sports and entertainment sector. TopFanZ, based in Halen, Belgium, offers total solutions in merchandising and brand activation for its customers and their fans, the company says. They offer full-service merchandising partnerships, including marketing support, product procurement, and e-commerce support. In the last financial year,... Read More
Condé Systems assets going to auction June 4 Acquisitions News 

Condé Systems assets going to auction June 4

Hyperams LLC, Rolling Meadows, Ill, has announced a June 4 online auction for the assets of dye-sublimation products distributor Condé Systems, Inc., which announced on its Facebook page the company would be closing in April. In November 2022, the company announced the transition to an employee-owned company, with the pending retirement of David Gross, president. According to the announcement from... Read More
Freepik announces acquisition of Magnific Acquisitions News 

Freepik announces acquisition of Magnific

Freepik announced its acquisition of AI-image upscaler Magnific. The acquisition is Freepik’s biggest to date – it acquired EyeEm (Germany) last year, and Videvo (UK), Original Mockups (Colombia), and Iconfinder (Denmark) in 2022, the company said. Terms weren’t disclosed. The founders of Magnific, Javi López and Emilio Nicolás, will continue to focus on their own AI innovation, testing and developing new ideas. Although Magnific will operate as... Read More
Nikon completes acquisition RED.com, LLC Acquisitions 

Nikon completes acquisition RED.com, LLC

Nikon Corp. announced, as of April 8, it has successfully acquired 100% of the outstanding membership interests of RED.com, LLC (RED), as previously announced. According to this PetaPixel report, the acquisition was precipitated by RED’s patent infringement suit against Nikon in  2022. Upon RED becoming a wholly owned subsidiary, RED’s President Jarred Land became a close Advisor to the company,... Read More
Futuresource Consulting, BCC Research to merge Acquisitions Partnerships 

Futuresource Consulting, BCC Research to merge

UK-based market research consultancy Futuresource Consulting and Boston-based market research firm BCC Research have announced a merger of the two companies. “There are strong synergies between BCC Research and Futuresource Consulting which can now be fully realized. The brands share complementary research offerings and together can provide our clients with a greater depth and breadth of research,” says Craig Ive,... Read More
Canva acquires Affinity platform for $1 billion Acquisitions 

Canva acquires Affinity platform for $1 billion

Canva, the world’s only all-in-one visual communication platform, today announced the acquisition of Affinity, the award-winning creative software suite for professional photo editing, illustration, graphic design and page layout, from Serif, a Nottingham, England, software company founded in 1987. Affinity marks Canva’s latest Europe-based acquisition, joining Flourish (2022), Kaleido (2021), Smartmockups (2021), Pexels (2019) and Pixabay (2019). Canva opened its first European HQ in 2023, based in London. Affinity’s tools... Read More
Advertek announces strategic acquisition of Custom Colour Imaging Acquisitions News 

Advertek announces strategic acquisition of Custom Colour Imaging

Advertek Inc, one of Canada’s leading print innovators, announces the strategic acquisition of Custom Colour Imaging (CCI), a Toronto-based photo lab and print-on-demand company with more than 50 years of heritage and expertise. Terms were not disclosed. This acquisition marks a significant milestone in Advertek’s 25-year journey in commercial printing and photo imaging. Advertek, known for its expertise in various... Read More
Nikon Corp. enters agreement to buy RED cinema gear company Acquisitions News 

Nikon Corp. enters agreement to buy RED cinema gear company

Nikon Corp. announced it has entered into a purchase agreement to acquire 100% of the outstanding membership interests of RED.com, LLC (RED) whereby RED will become a wholly-owned subsidiary of Nikon, “pursuant to a Membership Interest Purchase Agreement with Mr. James Jannard, its founder, and Mr. Jarred Land, its current President, subject to the satisfaction of certain closing conditions thereunder.”... Read More
Lensrentals acquires BorrowLenses from Shutterfly Acquisitions 

Lensrentals acquires BorrowLenses from Shutterfly

Photo gear rental leader Lensrentals, the largest online photo, video, audio and lighting equipment rental and production resource company, has acquired the BorrowLenses brand and “select assets” from Shutterfly. Terms were not disclosed. The acquisition brings expand the Memphis, Tenn., company’s inventory to more than 400,000 copies of more than 6,000 different lenses, cameras, drones, lighting, audio and other high... Read More
Dead Pixels Society interviews Fotomerchant, ImageQuix executives Acquisitions Feature News Opinion 

Dead Pixels Society interviews Fotomerchant, ImageQuix executives

ImageQuix, a leading provider of software solutions for professional photographers, recently announced the acquisition of Fotomerchant, one of the most respected end-to-end workflow solutions for high-volume studios. In an exclusive interview, Gary Pageau of the Dead Pixels Society talks with Tim McCain, president, of ImageQuix; Elmar Platzer, CEO and co-founder, of Fotomerchant, and Derek Clapham, CTO and co-founder, of Fotomerchant,... Read More
GoPro to acquire Forcite, maker of tech-enabled helmets Acquisitions News 

GoPro to acquire Forcite, maker of tech-enabled helmets

GoPro, Inc. announced an agreement to acquire Forcite Helmet Systems, a pioneer in embedding technology into helmets. GoPro intends to accelerate Forcite’s vision to provide tech-enabled motorcycle helmets with the long-term goal of tech-enabling other categories of helmets over time. GoPro’s acquisition of Forcite is expected to close in Q1 of 2024, subject to customary closing conditions. GoPro will share... Read More