MediaLab completed the acquisition of Imgur.

MediaLab, a holding company of internet brands, completed the acquisition of Imgur, an American online image sharing and image hosting service. Financial terms were not disclosed. "We made the choice to join the MediaLab portfolio because their resources and shared services can help accelerate us closer toward our goal and keep the main Imgur team focused on what we do best: creating the best place for community-powered entertainment online. MediaLab has committed to investing more resources in engineering and community to continue adding new features, new tools for creators, and growing Imgur," Imgur.