Image supplier is up for sale after struggling to compete with rise of consumer technology
Computing, 22 Jan 2008
Digital picture supplier Getty Images is up for sale following a share price plunge caused by competition from camera phones and online picture sharing.
Investment bank Goldman Sachs is managing Getty's sale, which has piqued the interest of a number of private equity firms willing to pay around £771m for the business.
The news follow Getty's aborted merger talks with news group Jupitermedia, last year.
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