Shutterstock Announces Acquisition of Amper Music
Shutterstock's acquisition of Amper strengthens its capabilities in artificial intelligence, particularly in content search and discovery of tracks composed by Shutterstock's community of artists as well as editing tools for Shutterstock users. As part of the transaction, Amper's employees will join the Shutterstock team and will bolster Shutterstock's focus on enhancing customer experience through new AI-supported functionalities and tools.
"We're delighted to welcome the Amper team to Shutterstock," said
Amper's Chief Executive Officer
The acquisition of Amper further solidifies Shutterstock's position as a creative platform providing innovative solutions to its customers. Paired with Shutterstock's global community of music composers, Amper's AI technology will provide Shutterstock users acceleration to their content creation workflow through a better music discovery experience and enhanced editing capabilities. In addition, the acquisition will augment Shutterstock's R&D efforts to bring valuable new innovations that enable faster and simpler content production for prosumers, businesses and professional content creators.
Terms of the transaction were not disclosed.
Amper builds tools powered by Creative AI to help teams create original music. From video to gaming and other interactive technologies, Amper's web app and API empower content creators, artists, and musicians to effortlessly craft and customize original music for any and all media content. Using a proprietary sample library including thousands of unique instruments and an expansive dataset of musical composition algorithms, Amper's technology is built with an emphasis on offering high-quality music through the fusion of music theory and AI innovation. For more information, please visit www.ampermusic.com.
View original content to download multimedia:http://www.prnewswire.com/news-releases/shutterstock-announces-acquisition-of-amper-music-301170470.html
Lara Baez, email@example.com, 917-563-4991