Darien, Conn. - Jupitermedia, a provider of images, information and events for IT, business and creative professionals, on Thursday confirmed that it is in buyout negotiations with Getty Images, a Seattle-based distributor of image collections.

Under the tentative agreement, Jupitermedia would be acquired for $9.60 per share.

The proposed acquisition is based on the sale of the JupiterWeb business to a third party.

The deal also would be subject to the approval by the board of directors of Getty Images as well as by the board of directors of Jupitermedia.

Related Links:
http://www.jupitermedia.com/corporate/press.html

http://www.gettyimages.com