Getty Images to Acquire Jupiterimages.

Getty Images, Inc. has entered into a definitive agreement to acquire Jupiterimages, a wholly-owned subsidiary of Jupitermedia, for $96 million in cash. The acquisition will benefit existing and potential customers by making even more digital content easily accessible. The acquisition is subject to the approval of shareholders and the receipt of certain regulatory approvals.

“The digital content market is expanding, and the customers of both Getty Images and Jupiterimages will benefit from the combination of these businesses,” said Jonathan Klein, cofounder and CEO of Getty Images. “Jupiterimages’ customers already appreciate its valuebased offerings, and through this acquisition we will be able to offer more content, better technology, more customer service and additional local content. Combining Jupiterimages’ product with Getty Images’ extensive media assets and global distribution will further enhance Getty Images’ offerings and provide more relevant content to both companies’ customers while extending the presence of the Jupiterimages brand to customers around the world.”