Author Topic: Getty will own StockXpert! bad news! (Read 13592 times)

bittersweet · « **Reply #25 on:** December 07, 2008, 10:07 »

Quote from: stormchaser on December 06, 2008, 22:22

And just an additional note - an iStock employee, or whatever he is there, did indeed post a misleading headline in the post of the press release, saying

"Getty Buys Jupitermedia"

http://www.istockphoto.com/forum_messages.php?threadid=78556

A pretty big and careless mistake by the poster.

I believe that was pointed out later in the thread, but they should have definitely changed the title. Regardless of that, stockxpert is part of Jupiterimages.

litifeta · « **Reply #26 on:** December 07, 2008, 15:03 »

Consolidation is part of the normal business cycle. Times like these cash rich companies buy out cash poor - asset rich acquistions.

Personally I believe that most of the smaller players (not StockXpert) are only in it in the hope a major player buys them out.

I would be very surprised if DT and SS are not in talks with either a buyer, or a seller.

lagereek · « **Reply #27 on:** December 07, 2008, 15:06 »

Well I tell you what! should SS, DT and FT, go the same way, it equals: END OF MICRO STORY. thanks for the coffee. Ciao!

gbcimages · « **Reply #28 on:** December 08, 2008, 11:34 »

like I said the list is going to get shorter!

Fran · « **Reply #29 on:** December 08, 2008, 16:43 »

Quote from: litifeta on December 07, 2008, 15:03

Consolidation is part of the normal business cycle. Times like these cash rich companies buy out cash poor - asset rich acquistions.

Personally I believe that most of the smaller players (not StockXpert) are only in it in the hope a major player buys them out.

I would be very surprised if DT and SS are not in talks with either a buyer, or a seller.

It happened exactly the same in the videogame industry in the last 10 years. Lots of small independent companies when I started; they either closed down or got acquired by bigger and more efficient companies. The company where I've been working for the last 5 years (Lionhead) was acquired three years ago by Microsoft (a giant).

It's natural course of capitalism.