TurboSquid, the world’s leading source for stock 3D models based right here in New Orleans, has been acquired by Shutterstock for $75 million.
Matt Wisdom, TurboSquid’s CEO, said the company and its team will continue to do what they do best — creating and building a 3D powerhouse and cloud-based digital asset management solution.
Shutterstock users will now have access to access to a 3D marketplace with more than one million models available.
“At Shutterstock, we are constantly at the forefront of innovation, monitoring the creative roadmap through our clients,” said Stan Pavlovsky, CEO of Shutterstock. “The growth of 3D, AR and VR content and the potential to engage consumers with this disruptive technology is at an all-time high, and TurboSquid’s industry-leading platform allows us to make the distribution of 3D accessible to Shutterstock’s community of creators and marketers across video, gaming, e-commerce, and beyond.”