Jupitermedia Buys ArtToday in $13 Million Deal

Posted on July 2, 2003

Jupitermedia Corporation announced that it has signed a definitive agreement to acquire all of the shares of ArtToday, Inc. from International Microcomputer Software, Inc. for $13.0 million in cash, 250,000 restricted shares of Jupitermedia common stock and an earn-out that could result in an additional $4.0 million in cash consideration over the next two years. The transaction is expected to close by June 30, 2003 and is subject to customary closing conditions.

ArtToday, Inc. offers paid online subscriptions for photographs, clipart, Web graphics, animations and fonts.

More from HowToWeb
  • Google Unveils Gboard iPhone App
  • Google has unveiled its new iPhone app called Gboard. The app makes it easy to use mobile search from within any app.

  • Automattic to Offer .Blog Domains
  • Automattic announced that it has secured to rights the the .blog top-level domain. It will soon start offering them to customers.

  • Microsoft Changes OneDrive Storage Plans, Removes Unlimited Option
  • Microsoft is changing its OneDrive storage plan. The changes include the removal of the unlimited storage plan.