Getty Images, a visual communications provider, has agreed to acquire Unsplash, an image platform for global creators. Getty Images will fund the transaction from existing cash balances and the transaction is expected to close at the close of the month.
“We could not be happier to welcome Unsplash to the Getty Images family,” said Craig Peters, CEO, Getty Images. “The Unsplash team share our values and share our vision of enabling global creativity and communication. We are impressed by what the Unsplash team and community has built and we look forward to supporting their continued development.”
Mikael Cho, co-founder and CEO of Unsplash, added, “I’m so proud of what the Unsplash community and team has created. And it’s only the beginning. This partnership is an important milestone for Unsplash, but our mission of photos for everyone remains unchanged.”