Moneycontrol PRO
Check Credit Score
Check Credit Score
HomeNewsBusiness

Photo storage service SmugMug acquires Flickr

Flickr will continue to operate as a separate entity after the deal closes, SmugMug said

April 21, 2018 / 10:06 AM IST
Answer: Flickr

Answer: Flickr

Photo management platform SmugMug said on Friday it has agreed to buy image and video-hosting website Flickr for an undisclosed amount.

Flickr will continue to operate as a separate entity after the deal closes, SmugMug said.

"Uniting the SmugMug and Flickr brands will make the whole photography community stronger and better connected," SmugMug Chief Executive Don MacAskill said in a statement. "Together, we can preserve photography as the global language of storytelling."

Verizon bought Yahoo Inc's core business for $4.48 billion last year and the acquisition included Flickr, among other web properties.

Reuters
first published: Apr 21, 2018 10:00 am

Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347