News - June, 2021
Munich/Luxembourg – May 28, 2021 – All EyeEm Group shareholders including Cipio Partners sign agreement to sell the global premium stock photography marketplace to New Value AG (SIX Swiss Exchange: NEWN).
EyeEm is the home of some of the world’s greatest stock images and is able to provide professional photo and video productions globally. The AI powered platform allows brands to find the perfect visual from its bank of millions of commercial images that is fueled by one of the largest photography communities in the world.
New Value AG acquires EyeEm in cash and via the issuance of New Value shares through a capital increase. The transaction is expected to complete in the coming weeks.
Founded in 2010, EyeEm is a global marketplace for premium stock photography and professional photo & video productions. The platform is powered by its patented, AI based computer vision software that automatically analyses the content of an image. EyeEm’s Personalised Aesthetics Search allows brands to find ‘on brand’ visuals quickly and reliably. With contributions from millions of creative phographers, the Berlin-based company is home to some of the world’s greatest images. EyeEm’s worldwide network allows any company to book photographers for high-quality photo and video productions anywhere in the world. EyeEm was founded in 2011 and has offices in Berlin and New York. Website: www.eyeem.com
About Cipio Partners
Founded in 2003, Cipio Partners is a leading investment management and advisory firm for European Growth Capital & Minority Buyouts for Technology Companies. Cipio Partners targets European growth stage technology businesses with €10-50 million in revenue and makes initial investments typically ranging from €3-10 million. Cipio Partners operates from offices in Luxembourg and Munich.
Further information is available at www.cipiopartners.com