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Posts Tagged ‘Acquired’

Imaging Resource announces it’s been acquired by Madavor Media

17 Mar

Imaging Resource has announced it’s been acquired by Madavor Media, the publisher of several other print and digital photography-centric magazines.

Back in October 2019, Imaging Resource announced it would be shutting down its website in the near future. Not long after the announcement, four different groups came forward asking about acquisition possibilities. In an email shared with DPReview, Imaging Resource founder Dave Etchells said ‘After a lot of back and forth with all of them, one company rose to the fore, and will now in fact be the new corporate “home” of IR.’ That company is Madavor Media, a publishing company who also operates Outdoor Photographer, Digital Photo Pro, Digital Photo and HDVideoPro.

Etchells elaborated on the transition in his email to us saying:

‘My biggest concern in thinking about handing over IR to anyone else was that the site would continue to maintain the quality and objectivity we’ve been known for, for the past 22 years. I’m confident that Madavor will do that, and am happy to think that the brand I’ve worked so hard to create will continue into the future.’

As for what this transition means for Imaging Resource, Etchells notes the site will continue to focus on providing the same level of quality and integrity as before, with the same general content, including the still life lab shots, overviews, hands-on reports and field tests. Etchells will be stepping back from day-to-day operations, but will still be involved in the direction of the site as he continues to pursue intellectual property consulting and expert witness work. As we saw yesterday, he also plans to write up many more weather-resistance tests.

All in all, Etchells says ‘this is really great news that I’m so happy to share. Imaging Resource v2.0 will live on, I’ll get to stay involved with the industry and people I love, but will also finally get some concentrated time in my basement workshops’

Madavor Media Acquires Imaging Resource

Madavor Media, LLC announced today that it has acquired Imaging Resource, one of the most popular and trusted websites for camera and photography equipment reviews. The 22-year-old website, which has millions of loyal followers, will continue to operate utilizing its experienced staff and contributors.

The acquisition by Madavor will enable Imaging Resource seamlessly to continue its mission to provide the most comprehensive, independent news and reviews in the photography business.

Imaging Resource will operate under its existing brand, and founder Dave Etchells will maintain an ongoing presence within the company as editor emeritus. The camera review website will now join Outdoor Photographer, Digital Photo Pro, Digital Photo and HDVideoPro as part of the photography portfolio at Madavor and will enhance the company’s position as the dominant media company to connect with a wide range of photographers and videographers.

“We’re excited to welcome the engaged consumer base and advertisers that trust Imaging Resource and we believe the website’s in-depth expertise on cameras and other products will be a perfect complement to our other photo content,” said Madavor Chief Operating Officer Courtney Whitaker. “The opportunities for advertisers to achieve their marketing objectives will increase across all of our photo titles as well as some of our other publications such as BirdWatching and Plane & Pilot. We also anticipate the cross-promotion of content will be very beneficial to our readers, especially our newsletter subscribers.”

Imaging Resource was started in 1998 and has provided in-depth coverage, testing and reviews on new technology since that time from its Georgia headquarters. The company will continue to be based in Georgia, giving Madavor Media a new location as part of its nationwide operations.

“Part of my confidence in transferring the IR brand to Madavor is the level of quality they’ve consistently supported in all of their existing photo publications,” Dave Etchells said. “I was also struck by the excellent strategic fit between IR and Madavor’s existing respected photo publications and websites. Their loyal and passionate audiences enjoy timely award- winning content, which tends to be more focused on the art of photography than the gear. This is an element that I’ve always felt was missing from IR, but that we never had the resources to fill.”

About Madavor Media, LLC

Founded in 2004, Madavor Media develops and markets content for consumers who are passionate about their interests and those seeking highly informative editorial that helps them take charge of their well-being and live happier, healthier lives. Through its team of experts,

Madavor delivers highly engaging, world-class content that is disseminated and consumed through virtually all channels. Headquartered in Braintree, Massachusetts, Madavor’s main office acts as the hub for social media, marketing, design and production, operations and information, while its associates throughout the country keep in close contact with its customers and communities of interest.

Articles: Digital Photography Review (dpreview.com)

 
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Shutterfly acquired for $2.7B, set to be merged with Snapfish

13 Jun

Apollo Global Management LLC (AGM), an American private equity firm, has agreed to acquire online photo hosting and printing platforms Shutterfly and Snapfish in a multi-billion dollar deal.

According to a report from Reuters, AGM is shelling out $ 2.7 billion for Shutterfly, which includes approximately $ 900 million in debt, some of which is likely to be from Shutterfly’s $ 825 million acquisition of school and family portrait franchise Lifetouch last year. The report further specifies Apollo is paying ‘$ 51 per share in cash for Shutterfly, a 13% premium to the company’s value on Feb. 5, the last trading day before it announced it would explore a sale.’

No specific financials were given on the acquisition of Snapfish, but Reuters reports Apollo plans on merging the two companies together.

A screenshot from Shutterfly’s homepage at the time of writing this article. It shows mugs, photobooks and graduation cards that can be made with the service, in addition to dozens of other trinkets and stationary items.

Both Shutterfly and Snapfish are online platforms that allow consumers to publish images online and create various objects and stationary with their photographs. In addition to basic editing tools in the browser, both Shutterfly and Snapfish allow images to be printed into books, calendars, cards and more, as well as printed on mugs, glasses, tiles and more.

For the time being, both the Shutterfly and Snapfish websites are up and operating as usual. There doesn’t appear to be a timeline for when the merge will happen or how it will go down.

Articles: Digital Photography Review (dpreview.com)

 
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Camera accessory manufacturer Syrp acquired by Vitec Imaging Solutions

24 Jan

New Zealand-based camera gear company Syrp, which was founded in 2012 by two videographers, has been acquired by Vitec Imaging Solutions. The acquisition took place on January 23, according to Vitec, which holds an extensive brand portfolio that includes Manfrotto, JOBY, Gitzo, and more.

Syrp’s product lineup includes motion control and slider hardware for photographers and filmmakers, as well as related software for controlling the hardware. These products will become part of Vitec’s own portfolio under the acquisition, which will involve Syrp being integrated with Vitec Imaging Solutions.

As part of this integration, Vitec plans to transform Syrp’s New Zealand facility into its new Research & Development ‘center of excellence’ for motion control and mechatronic products. The Syrp brand will remain, and its products will be made available globally via Vitec’s global distribution network.

Vitec acquires Syrp, leader in sliders and motion technology, expanding innovation capabilities for future product development.

Vitec Imaging Solutions, a Division of The Vitec Group plc (“Vitec”), a globalprovider of products and solutions to the Broadcast and Photography markets, is pleased to announce that on 23 January 2019 it acquired Syrp Limited (“Syrp”),a New Zealand based slider and motion control company.

Syrp designs and develops motorised camera sliders as well as motion control hardware and software that enables independent content creators to remotely control their camera equipment, allowing for the capture and smooth tracking of shots for video, time-lapse and hyper-lapse imagery.

The acquisition of Syrp adds electronics and software features that control cameras to Vitec’s current product portfolio. Syrp will be integrated into Vitec’sImaging Solutions Division, which will commercialise the brand’s innovativeproduct offering to content creators worldwide. This will facilitate easy access to Syrp sliders and motion controls, as the perfect complements to Manfrotto andGitzo’s tripods and heads.

Founded in 2012 by two skilled videographers, Syrp has been dedicated to empowering independent filmmakers and photographers to explore new creative possibilities in dynamic photography and filmmaking. This commitment isperfectly aligned with Vitec’s purpose to provide innovative solutions for capturing and sharing exceptional content.

Syrp’s brand and products will benefit from Vitec Imaging Solutions globaldistribution network, with its highly efficient customer service, logistics, and integrated shipping capabilities. The brand will also receive the added support ofVitec’s integrated marketing campaigns and social media presence.

With the acquisition of Syrp, Vitec will expand its ability to provide customers with innovative solutions for the creation of exceptional time-lapses and hyper-lapses thus matching the growing demand for engaging digital and social media dynamic content.

Going forward, Syrp’s New Zealand facility will become Vitec’s R&D center of excellence for mechatronic and motion control products.

Articles: Digital Photography Review (dpreview.com)

 
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Report: Apple discretely acquired mixed-reality startup Spektral for $30M

10 Oct

According to a report from Fortune, Apple discretely acquired Danish visual effects startup Spektral in December 2017.

Spektral was once named CloudCutout and focused on a cloud-based solution to masking a subject from the background of an photograph. Now, Spektral specializes in masking technology that uses machine learning to separate a subject in an image from the background in real-time on mobile devices. “Combining deep neural networks and spectral graph theory with the computing power of modern GPUs, our engine can process images and video from the camera in real-time (60 fps) directly on the device,” says Spektral on its website.

Neither Apple nor Spektral have confirmed the acquisition, but Fortune reports the deal was worth “more than $ 30 million.”

With no comment, we can’t say for sure what Apple intends to do with Spektral’s intellectual property and personnel, but Spektral Co-Founder and Chief Technical Officer Toke Jansen now lists “Manager, Computational Imaging” as his title at Apple on his LinkedIn profile. Combined with Apple’s ongoing efforts to beef up its augmented reality efforts in its apps — both its own and third-party — it’s safe to assume we’ll see the fruits of the acquisition in the near future, if we haven’t already seen parts of it.

Articles: Digital Photography Review (dpreview.com)

 
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InVisage reportedly acquired by Apple

27 Oct

Image Sensors World reports Apple has acquired or at least hired some engineers away from InVisage, the technology company which developed a new image sensor architecture featuring a QuantumFilm layer for increased light capturing capability.

According to unnamed sources the acquisition was closed in July of this year and Image Sensors World also points out that InVisage is no longer listed as a current investment in the portfolios of venture capital firms Nokia Growth Partners and InterWest Partners.

The company also simplified its website by removing employee profiles and the news section, which, according to the report, is a common move for companies acquired by Apple. In addition LinkedIn lists at least six Apple employees who previously worked at InVisage. That said, only two of those joined the company during 2017.

Despite the lack of an official confirmation, all the evidence seems to suggest that the QuantumFilm technology is now in the hands of Apple. We’re hoping to see at least elements of it in upcoming iPhone cameras. In the meantime you can find out more about QuantumFilm in the video below or in our own report from November 2015.

Articles: Digital Photography Review (dpreview.com)

 
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Lexar acquired by Chinese flash storage maker Longsys

03 Sep

Lexar will live on. Two months and a few days after parent company Micron announced that they would be discontinuing the Lexar band, Chinese flash memory giant Longsys has acquired the Lexar trademark and branding rights. The new owner promises that “the solutions and support they have come to expect from Lexar branded products will continue to be available.”

News of the acquisition broke yesterday on the Longsys website, and according to tech site Tom’s Hardware it’s a boon for both brands. Longsys has told the site “on a number of occasions about its desire to enter the U.S. market,” and Lexar was in need of a savior.

“We are very honored to acquire the Lexar brand,” Longsys CEO of Electronics Limited, Huabo Cai, said in a statement. “Lexar has built a great brand name and our vision is to make it even greater. Existing customers can rest assured that the innovative solutions and excellent support that they have experienced from Lexar will continue.

According to Cai, Longsys’ mission in acquiring the Lexar brand is to make it “the go-to brand for high-performance removable storage,” expanding on the brand’s offering with “even more compelling solutions as the age of wireless an big-data impact the consumer storage markets.”

Neither Micron nor Lonsys have shared any financial details about the acquisition, but for now, it sounds like Lexar will not only continue to exist… it’s about to start growing in a big way.

Press Release

Longsys Acquires Lexar Brand, a Leading Brand for High-Performance Removable Storage Solutions

Strength of Lexar Brand Combined with Longsys’ Consumer Storage Dedication Enables Continued Support to Existing Lexar Customers as well as Exciting New Growth Opportunities

SHENZHEN, China and SAN JOSE, Calif (Aug. 31, 2017) – Longsys, a world leader in consumer flash storage, today announced that it has acquired the Lexar trademark and branding rights from Micron Technology, Inc. The Lexar brand has long been recognized as a leading brand for high-performance, high-reliability removable storage solutions for a wide variety of applications, such as the professional photography market. This acquisition provides assurance to existing Lexar customers that the solutions and support they have come to expect from Lexar branded products will continue to be available. Additionally, the market reach and product breadth provided by Longsys promises to expand the Lexar customer experience into new market segments and geographies.

“We are very honored to acquire the Lexar brand,” said Huabo Cai, CEO of Longsys Electronics Limited. “Lexar has built a great brand name and our vision is to make it even greater. Existing customers can rest assured that the innovative solutions and excellent support that they have experienced from Lexar will continue. The mission to make Lexar the go-to brand for high-performance removable storage continues, and we will expand upon it to offer even more compelling solutions as the age of wireless and big-data impact the consumer storage markets.”

Longsys has been focused on flash storage for over 18 years and provides a broad portfolio of solutions. Its embedded storage brand FORESEE® is leading in the market in China and growing rapidly on a worldwide basis. The company develops complete solutions, including software and hardware, which is key to innovation and deploying leading-edge flash technologies, such as 3D NAND. Longsys currently sells over 100 million flash-based products to the market on an annual basis. Lexar customers will benefit from the strategy and company culture of Longsys, including innovation, stability, strict quality control, localized and customized support and services, and a consumer storage focus.

Longsys envisions continued growth in the removable storage market, as many industry trends impact the consumer, including big data, wireless, and Quality of Service (QoS). Virtual reality, 8K video, automotive infotainment, video surveillance and drones are all examples of emerging applications expected to drive demand for high-performance, high-reliability removable storage. Longsys, with its focus on consumer storage, innovation, quality and reliability, is uniquely positioned to offer Lexar products and services to help solve these complex problems and provide solutions the market will demand.

Articles: Digital Photography Review (dpreview.com)

 
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The Library of Congress has acquired photographer Bob Adelman’s archives

01 Apr
Prints and Photographs Division, Library of Congress (004.00.00) © Bob Adelman

On March 20, the Library of Congress announced that it has acquired photographer Bob Adelman’s archives, a massive collection containing 575,000 images. An anonymous donor gifted the collection, which now resides with the Library’s Prints and Photographs Division. According to the Library’s announcement, the collection contains 50,000 printed photos, while the rest of the archives are composed of slides and film negatives.

Adelman, who was born in 1930 and passed away last March, was an award-winning American photographer well known for his iconic photos of the Civil Rights Movement. Adelman’s work spans approximately forty years, documenting topics including racial issues, poverty, immigrant experiences, mental illnesses, addictions, and more. Perhaps best known from Adelman’s work are his photos of the March on Washington and Martin Luther King.

Via: Library of Congress

Articles: Digital Photography Review (dpreview.com)

 
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Tamrac brand and assets acquired by Gura Gear

29 Jun

Camera bag maker Tamrac has been acquired by the Ogden, Utah-based Gura Gear. Tamrac, under Chapter 11 bankruptcy protection since January, will see its brand and assets handed over when the acquisition is finalized later this month. At that point Tamrac’s assets will be relocated to Gura Gear’s Utah headquarters.

related news: Digital Photography Review (dpreview.com)

 
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Tamrac brand and assets acquired by Gura Gear

25 Jun

tamrac_bag.png

Camera bag maker Tamrac has been acquired by the Ogden, Utah-based Gura Gear. Tamrac, under Chapter 11 bankruptcy protection since January, will see its brand and assets handed over when the acquisition is finalized later this month. At that point Tamrac’s assets will be relocated to Gura Gear’s Utah headquarters.

News: Digital Photography Review (dpreview.com)

 
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