Photobucket buys social video platform


Online photo service Photobucket acquired the Milyoni social video platform.

The start-up is known for its interactive “Madcards” which work on mobile devices.

Techcrunch reports it’s the photo-sharing site’s second acquisition this year: In March Photobucket purcashsed photo chat app Lasso.

Here is the full article.


Surveillance: Canon to buy Axis

axis 4k camera

Reuters reports Canon offered $2.83 billion for video surveillance leader Axis AB — “the biggest purchase ever for the Japanese firm trying to expand beyond a shrinking camera market.”
Axis’ board supports the offer.

Canon sells surveillance cameras “and sees the sector as a growing market,” Reuters adds.
“The deal will make Canon a top player in the video surveillance market, which was worth an estimated $15 billion at the end of last year, according to researcher IHS.”

The full story is here.


Adobe acquiring stock photo supplier Fotolia


Adobe  reports it will acquire privately-held Fotolia, “a leading marketplace for royalty-free photos, images, graphics and HD video, for approximately $800 million in cash.”

Fotolia will be integrated into Adobe’s Creative Cloud, providing members with access to more than 34 million images and videos. Also, Adobe plans to continue to operate Fotolia as a standalone stock service, “accessible to anyone.”

Fotolia was founded in 2004, operates in 23 countries, and has websites in 14 languages.

There’s more information here.


Yahoo acquires photo startup Cooliris

CoolirisPhoto service Cooliris announced it was acquired by Yahoo.

The company was founded in 2006, with a simulated 3D wall for displaying and browsing photos online. It recently launched an app to look at photos across multiple online sites, and the BeamIt messaging tool.

The buy is more of an acqui-hire according to the Yahoo announcement TechCrunch reports: “In order to build inspiring products, grow engagement, and ultimately revenue, everything starts with having the best people to help us accelerate our transformation in our growth areas.. We are excited to welcome 17 employees from Cooliris to Sunnyvale, where our core communications team is located.”

The full story is here.




Cooliris yahoo

Shutterfly acquires photo-printing subscription service


In the late 90s/early 2000s, it seemed that at least once a year Kodak acquired another online imaging service that appeared to provide many of the same functions as previous acquisitions.

Of late Shutterfly also looks to be acquiring overlapping if not redundant start-ups. This week the photofinishing service paid $14.5 million for Groovebook.
The app distinguishes itself somewhat from the crowd with a subscription service that — like Ecce Terram and timeshel — combines 100 photos into a personalized 4.5×6.5-inch book, for $3 every month.
The new company is best known for receiving a $150,000 investment on the TV show Shark Tank.

In a press release, one of the start-up’s founders says joining Shutterfly will help get costs down for the sub service, and the Shark Tank investors are quoted as saying the original entrepreneurs are now “financially independent and free”  — but what prevented Shutterfly from launching its own subscription service (perhaps one even tied into any of the other apps it’s acquired) instead of spending $14.5 million? Apart from a reported 500,000 paid subscribers, “adding GrooveBook to our family of brands,” Shutterfly says, “will introduce a new photo book form factor while leveraging the viral, social, and word of mouth nature of the GrooveBook mobile apps.” Those many sub-brands now include Tiny Prints, Penguin Digital, Wedding Paper Divas, R and R Images, Treat, MyPublisher, and ThisLife.