Royalty-free photo library 123RF has acquired web-based vector graphics editor Vectr
The purchase is part of a further announcement from 123RF owner the Inmagine Group who also acquired Story & Heart, a filmmaker academy and video licensing platform.
“These latest acquisitions help Inmagine Group further our mission of empowering creative professionals around the world with seamless access to high-quality content, skills and tools,” said Stephanie Sitt, Co-founder of Inmagine Group and 123RF. “We are building a holistic creative ecosystem that makes great design accessible to all. Through the filmmaker community, Story & Heart brings an extensive portfolio of exclusive film and video footage to the Inmagine content library, which is already among the largest in the world, while Vectr offers our millions of users intuitive design software that is simple, powerful and free.”