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