Shutterstock’s Acquisition of Amper Music


Wilson Sonsini Goodrich & Rosati advised Shutterstock, Inc. on the deal.

Shutterstock, Inc., a leading global technology company offering a creative platform for high-quality content, tools, and services, announced the acquisition of certain assets from Amper Music. Amper Music is a leading AI-driven music platform that enables users to create and customize original music by leveraging over one million individual audio samples recorded by musicians on thousands of unique instruments. Terms of the transaction were not disclosed.

Shutterstock’s acquisition of Amper strengthens its capabilities in artificial intelligence, particularly in content search and discovery of tracks composed by Shutterstock’s community of artists, as well as editing tools for Shutterstock users. As part of the transaction, Amper’s employees will join the Shutterstock team to boost Shutterstock’s focus on enhancing customer experiences through AI-supported functionalities and tools. The acquisition will augment Shutterstock’s R&D efforts to bring valuable new innovations that enable faster and simpler content production for prosumers, businesses, and professional content creators.

The Wilson Sonsini team included Megan Baierm (Picture), Catherine Riley Tzipori, Sonali Sanyal, Sarah Won, John McGaraghan, Barath Chari, Ben Hawkins, Peter Eng, Na Kyung Lee, Amie Forsberg, Neil Gulyako, Sriram Krishnamurthy, Matt Norgard, Derek Wallace, Matt Staples and Daniel Chen.

Involved fees earner: Megan Baier – Wilson Sonsini Goodrich & Rosati; Barath Chari – Wilson Sonsini Goodrich & Rosati; Daniel Chen – Wilson Sonsini Goodrich & Rosati; Peter Eng – Wilson Sonsini Goodrich & Rosati; Neil Gulyako – Wilson Sonsini Goodrich & Rosati; Ben Hawkins – Wilson Sonsini Goodrich & Rosati; Sriram Krishnamurthy – Wilson Sonsini Goodrich & Rosati; Na Kyung Lee – Wilson Sonsini Goodrich & Rosati; John McGaraghan – Wilson Sonsini Goodrich & Rosati; Matthew Norgard – Wilson Sonsini Goodrich & Rosati; Catherine Riley Tzipori – Wilson Sonsini Goodrich & Rosati; Sonali Sanyal – Wilson Sonsini Goodrich & Rosati; Sarah won – Wilson Sonsini Goodrich & Rosati; Matt Staples – Wilson Sonsini Goodrich & Rosati; Derek Wallace – Wilson Sonsini Goodrich & Rosati;

Law Firms: Wilson Sonsini Goodrich & Rosati;

Clients: Shutterstock, Inc.;

Author: Ambrogio Visconti