Envato: Husband-and-wife team sell tech firm in $373m deal
Once young rich listers, Collis and Cyan Ta’eed are now responsible for one of the largest acquisitions in Australian tech history.
Source: brisbanetimes.com.au
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Envato to be acquired by Shutterstock in $372 million deal
Envato, a Melbourne-born firm bootstrapped since its founding in 2006, will be acquired by the American stock image powerhouse Shutterstock.
Source: smartcompany.com.au
Shutterstock buys Envato: Rich Listers Cyan and Collis Ta'eed sell Envato to Shutterstock for $375m
It was once valued over $1bn, but Rich Listers Cyan and Collis Ta’eed have sold Envato to New York-listed Shutterstock for $US245 million ($375.5 million) cash.
Source: afr.com
Refilled wants to save 100 million plastic bottles from the landfill
The Australian government recently set new packaging regulations after an official review found just 18% of plastic packaging is recycled, falling...
Source: businessghana.com
Funding highlights: November 9 to November 16
Here’s a recap of recent funding developments from Australia, India, the US and beyond.
Source: dynamicbusiness.com