Acquiring Company
ShortPixel
Acquired Company
ReSmush.it
BucharestDescription
ShortPixel has acquired ReSmush.it, a leading provider of free image optimization tools, to enhance and broaden its digital optimization services. The acquisition brings together two pioneers in image compression technology with a vision of making optimization accessible to everyone. ShortPixel pledges to continue the free service of ReSmush.it and plans to improve and expand it with some affordable paid options for next-gen image formats.
Quick answer
ShortPixel is acquiring ReSmush.it, announced February 19, 2024. ShortPixel is based in Bucharest, Bucuresti, Romania.
- How much did ShortPixel pay for ReSmush.it?
- The deal value was not disclosed.
- What does ShortPixel do?
- ShortPixel makes your website load faster by reducing the size of your images and helps you rank better in Google search.
- Where are ShortPixel and ReSmush.it based?
- ShortPixel is based in Bucharest, Bucuresti, Romania. ReSmush.it is based in Bahamas.
Source: Fundz verified event record.
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Frequently asked
Who acquired ReSmush.it?
ReSmush.it was acquired by ShortPixel, based in Bucharest. The deal was reported on February 19, 2024. ShortPixel makes your website load faster by reducing the size of your images and helps you rank better in Google search. ShortPixel is privately held and operates in IT Services and IT Consulting.
When did ShortPixel acquire ReSmush.it?
ShortPixel's acquisition of ReSmush.it was reported on February 19, 2024. ShortPixel has acquired ReSmush.it, a leading provider of free image optimization tools, to enhance and broaden its digital optimization services. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ReSmush.it do?
Started in 2015 to 2024, reSmush.it was inspired by the goals of its predecessor, focusing on accelerating the internet by shrinking image sizes without quality loss. It is privately held, and is based in Bahamas.
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