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Rise Above Research: Aspiring photographers driving the future News 

Rise Above Research: Aspiring photographers driving the future

GaryPageau
With the photo industry maturing, the gap between those who take photos and those who consider themselves to be photographers is growing, according to Rise Above Research. Today’s “aspiring photographers” will be tomorrow’s photo enthusiasts and professionals. Rise Above Research believes aspiring photographers as a group deserves much more attention from vendors in the photography market, from camera makers to... Read More
Noritsu Koki Co. acquires audio company JLab for $370 million Acquisitions News 

Noritsu Koki Co. acquires audio company JLab for $370 million

GaryPageau
Photofinishing equipment pioneer Noritsu Koki Co. Ltd. continued its diversification into the audio market with the acquisition of San Diego, Calif.-based JLab for $370 million; the transaction is expected to close in the second quarter. As a part of this new ownership, JLab will continue to operate as an independent company under the JLab name, with its sales, marketing, product... Read More
Canon announces development of pro full-frame EOS R3 mirrorless camera New Products News 

Canon announces development of pro full-frame EOS R3 mirrorless camera

GaryPageau , ,
Canon Inc. announced it is developing a new, high-performance professional camera, the Canon EOS R3, plus three RF lenses, Canon RF 100mm F2.8 L Macro IS USM, RF400mm F2.8 L IS USM and RF600mm F4 L IS USM. “The development of the Canon EOS R3 and the launch of the new RF lenses are the latest testament to the company’s... Read More
Hasselblad Masters competition submissions are open Events News 

Hasselblad Masters competition submissions are open

GaryPageau ,
Hasselblad Masters professional photographic competition is now open for submissions through and July 31. Started in 2001, Hasselblad Masters is open to all professional photographers who have been actively working in the field for more than three years. Entries can be shot on any digital camera, regardless of brand or format, that has at least 16 megapixels. Photographs shot on... Read More
Mitsubishi exiting printer market News 

Mitsubishi exiting printer market

GaryPageau
Mitsubishi Electric is ceasing production of dye-sublimation printers but will continue to service and support and provide media for the in-market devices through March, 2030. Printers will continue to be shipped through March 31, 2022. This was first reported on the UK site PhotoBite and confirmed by Mitsubishi. The company has produced printers since the early 1980s for a broad... Read More
Vitec Group announces acquisitions of Lightstream and Quasar for a total of $42 million News 

Vitec Group announces acquisitions of Lightstream and Quasar for a total of $42 million

GaryPageau , , ,
The Vitec Group plc announces the acquisition of Lightstream and Quasar Science. Lightstream, which is a US-based technology company providing a cloud-based video production and editing SaaS platform, will become part of Vitec’s Creative Solutions Division. The business has 22 employees; The four co-founders, including the CEO Stu Grubbs, will also join Vitec. The acquisition of Lightstream, for an expected... Read More
Private equity firm acquires MyHeritage News 

Private equity firm acquires MyHeritage

GaryPageau
Family history company MyHeritage announced private equity firm Francisco Partners, a leading global investment firm, has completed the previously announced acquisition. The transaction was signed on Feb. 24, 2021, and was pending regulatory approvals, which have recently been received, and hence the acquisition was completed today. Gilad Japhet, founder and CEO of MyHeritage, will continue to lead the company. No changes... Read More
Best Buy is piloting paid membership program in 60 markets News 

Best Buy is piloting paid membership program in 60 markets

GaryPageau
Best Buy announced a new pilot membership program, called Best Buy Beta, proving customers in select markets benefits including exclusive member pricing, unlimited Geek Squad technical support, up to two years of protection on most product purchases, free standard shipping and delivery, and free installation on most products and appliances. The cost is $199.99 per year or $179.99 per year... Read More
Canva announces $15 billion valuation; announces presentation suite News 

Canva announces $15 billion valuation; announces presentation suite

GaryPageau , , , 1 Comment
Canva, the global visual communications platform, announced an updated valuation of US $15 billion following a US $71 million investment. This latest valuation affirms Canva as one of the fastest-growing software companies in history, surpassing $500 million annualized revenue this year, the company said. Canva formally announced a suite of new features for its flagship workplace product, Canva Presentations. “Now more... Read More
Japan’s Photozou begins to sell used photo gear on Amazon in United States News 

Japan’s Photozou begins to sell used photo gear on Amazon in United States

GaryPageau
Photozou Koukoku Co., Ltd a subsidiary of publicly traded Photozou Holdings, Inc., in Japan, announced it has begun selling used cameras and lenses on Amazon in the United States. One can purchase such items from the following Amazon site. The products will be sent from Japan to an Amazon facility, where they will be managed and sold by Fulfillment by Amazon (FBA).... Read More
MAC Group makes more personnel announcements News 

MAC Group makes more personnel announcements

GaryPageau , ,
Photo/video distributor MAC Group made several more personnel announcements this week, following those made last week. Kevin Aamodt is joining MAC Group as the X-Rite Brand Champion and Lead Technical Support for all of the current X-Rite product line. He will be responsible for technical support, training, software and hardware testing, as well as advising on new product development going... Read More
AlphaGraphics reveals brand refresh and new website News 

AlphaGraphics reveals brand refresh and new website

GaryPageau
Printing franchisor AlphaGraphics, a franchisor of printing and marketing solutions with 260 stores in six countries, has recently undergone a full brand refresh. The company said it has made several changes to reflect the brand’s overall growth as a company. AlphaGraphics was founded in 1970, and the company began offering franchise opportunities in 1979. “Fifty years ago, we started out... Read More