Adobe Completes Acquisition of Fotolia

AdobeFotolia

SAN JOSE, CA, USA — Adobe has completed its acquisition of privately held Fotolia, a leading marketplace for stock content. Adobe announced its intent to purchase Fotolia in December 2014 and the acquisition adds Creative Cloud’s role as an expanding market for creatives to buy and sell assets and services as well as showcase their talent to a worldwide audience.

Work will now begin on integrating Fotolia into Adobe Creative Cloud. This will provide current and future Creative Cloud members with the ability to access and purchase over 35 million images and videos, significantly simplifying and accelerating the design process. Adobe also plans to continue to operate Fotolia as a standalone stock service, accessible to anyone.

Founded in 2004, with offices in New York, Paris and Berlin, Fotolia currently operates in 23 countries and has websites in 14 languages.

“We’re now hard at work to radically simplify the buying and selling of stock content,” said David Wadhwani, senior vice president, Digital Media, Adobe. “Fotolia is helping Creative Cloud become the marketplace for creatives to buy and sell high-impact assets, find talent and promote their work in front of an influential global community.”

With more than 3.4 million members, Adobe Creative Cloud features the world’s leading desktop tools, an array of complementary mobile apps, training content, creative assets and services and ready access to a dynamic community. Creative Cloud is transforming how creatives find inspiration and deliver their best work — and the value of Creative Cloud is increasing all the time through product updates and new capabilities.

Source-Adobe (Edited for content).