Tag: giphy
UK’s competition watchdog still eyeing Facebook’s Giphy buy
The UK’s competition regulator will make a decision on whether or not Facebook’s purchase of Giphy has a ‘realistic prospect’ of substantially lessening competition by March 25, it said today, as it continues to scrutinize the acquisition. “The Competition and Markets Authority (CMA) hereby gives notice pursuant to paragraph (b)…
Read More
Daily Crunch: Facebook is acquiring Giphy
Facebook acquires a popular GIF search engine, video game sales see major growth and Sorrentino reports promising results for a COVID-19 treatment. Here’s your Daily Crunch for May 15, 2020. 1. Facebook to acquire Giphy in a deal reportedly worth $400 million Facebook will acquire Giphy, the web-based animated GIF…
Read More
Facebook just bought Giphy
Facebook has bought the GIF-sharing service Giphy, which will now be a part of the Instagram team. It plans to integrate Giphy’s library more deeply into Instagram (where GIFs are prevalent in Stories) and other Facebook services. Although Facebook d… Source
Read More
Facebook to acquire Giphy in a deal reportedly worth $400 million
Facebook will acquire Giphy, the web-based animated gif search engine and platform provider, Facebook confirmed today, in a deal worth around $400 million, according to a report by Axios. Facebook said it isn’t disclosing terms of the deal. Giphy has grown to be a central source for shareable, high-engagement content, and…
Read More