Published on 9 Dec 2021 on GeekWire via Yahoo Finance
Getty Images to become public company again in $4.8B SPAC deal, building on Seattle tech roots
Getty Images veteran Craig Peters, CEO since 2019, will remain at the helm. (Getty Images Photo)
Getty Images, the iconic digital photography provider and visual content marketplace, will become publicly traded again, more than a decade after it was taken private, in a deal that values the company at $4.8 billion.
The company will remain headquartered in Seattle after the acquisition by CC Neuberger Principal Holdings II, a publicly traded special purpose acquisition company, or SPAC, a Getty spokesperson confirmed this morning.