Corbis Acquires Crowd-Sourced Photo Agency Demotix, After Its Move Into Apps

Image giant Corbis has acquired Demotix, the crowd-sourced, breaking news picture and video agency which launched in 2008 and recently hit the milestone of a million images uploaded. The move follows Corbis' investment in the startup after brokering a global distribution partnership. Terms of the transaction were not disclosed.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/zMU0QSNbmks/

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