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Bynder Announces Strategic Acquisition of Webdam for $49.1 Million

Leading Digital Asset Management Companies Join Forces to Provide Brands with Best in Class Software Bynder, a global leader in digital asset management (DAM), announced that it has entered into a definitive agreement to acquire Shutterstock's digital asset management business, known as Webdam. The acquisition brings together the respective DAM category leaders from EMEA and North America to create a global organization offering marketing and creative teams with scalable, cloud-based solutions for managing, distributing…