Acquisitions News

News Acquisitions

Shutterfly acquires BorrowLens gear rental service

 
 

Popular gear rental service BorrowLens has been bought out by internet printing giant Shutterfly, the companies announced today. It's not clear what, if anything, this will mean for BorrowLens customers, but for now it seems that it's business as usual.

In a blog post about the acquisition, BorrowLens stated there...

Yahoo! purchases image recognition and machine learning company LookFlow

 
 

It was just August when Yahoo! announced that it had purchased image recognition company IQ Engines to improve Flickr search. Now, a mere two months later, a very similar sounding company has been bought out by the tech giant. This time it's LookFlow, a company variously described as "an enhanced image recognition...

Yahoo! purchases image recognition company IQ Engines to make Flickr search better

 
 

The newest target of Yahoo!'s spate of acquisitions is IQ Engines, a startup devoted to image recognition and tagging. The company previously worked on producing a number of APIs for other companies to aid photo recognition. Now, a statement on IQ Engines' site says that they'll be joining the team at Flickr:

We are...

Yahoo! acquires Tumblr photo blog platform for $1.1 billion; good or bad news for photographers?

 
 

Yahoo! has announced its plans to acquire popular photo blogging platform Tumblr for $1.1 billion in a move that has many photographers who use the service worried. In an announcement on her own Tumblr page, Yahoo! CEO Marissa Mayer said "we promise not to screw it up," and in a nod to Tumblr's particular style,...