In a deal that could be worth more than $200 million, global visual content provider Getty Images (Nasdaq: GETY) has announced the purchase of leading online art dealer Art.com. The transaction means that Getty will now sell images to the large consumer market, rather than just businesses. Getty will use Art.com as a marketplace to sell its collection of more than 30 million images.
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Getty Images Buys Art.com
Posted by: Andy Wang May 7, 1999 12:00 AMIn a deal that could be worth more than $200 million, global visual content provider Getty Images (Nasdaq: GETY) has announced the purchase of leading online art dealer Art.com. The transaction means that Getty will now sell images to the large consumer market, rather than just businesses. Getty will use Art.com as a marketplace to sell its collection of more than 30 million images.