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Jupiterimages

How Credit Crunch Shaved At Least $45 Million Off Jupiterimages’ Sale To Getty Images

Dec 7, 2008 8:16 PM

When Jupitermedia (NSDQ: JUPM) sold off its online images business to its larger rival Getty Images (NYSE: GYI) for $96 million in October, some people considered it second-time lucky for the company: Jupiter tried to sell its whole business to Getty in early 2007, but it fell apart then. But…

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Posted In: , getty images, jupiterimages, jupitermedia

Second Try Proves Lucky: Getty Buys Jupitermedia’s Online Images Unit For $96 Million

Oct 23, 2008 9:06 AM

So the second time proves to be lucky: Jupitermedia has sold its online images business to its larger rival Getty Images for $96 million in cash. The first time Getty (NYSE: GYI) tried to buy JUPM’s images business, in February 2007, the deal fell apart. This new deal is centered…

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Posted In: Money, M&A & Venture Capital, Venture Capital, getty images, jupiterimages, jupitermedia

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