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NEW YORK (AP) — Investment firm Kohlberg Kravis Roberts & Co. LP said Friday it has completed its $150 million acquisition of stock photography website Fotolia.
Based in New York, Fotolia runs websites in 15 countries in 11 languages and offers more than 17 million digital images and videos. It was founded in 2005 and provides a marketplace for photographers to sell images and receive a commission for each one licensed through Fotolia.
KKR announced the Fotolia deal in May.