Shutterstock to acquire TurboSquid for $75m.

Shutterstock, an American provider of stock photography, stock footage, stock music, and editing tools, agreed to acquire TurboSquid, a source for stock 3D models, for $75m. "The visionary leadership and tech innovation make it the perfect place for TurboSquid and its employees to continue what we do best -- creating and building a 3D powerhouse and cloud-based digital asset management solution," Matt Wisdom, TurboSquid Chief Executive Officer.