Seattle - Getty Images (NYSE: GYI), a provider of celebrity and stock photography, footage and multimedia products, announced on Thursday its acquisition of Jupiterimages, a unit of Jupitermedia, for $96 million in cash.

Getty Images said it will retain the Jupiterimages brand and website, while integrating its own technology, licensing resources, content and services.

"Jupiterimages' customers already appreciate its value-based offerings, and through this acquisition we will be able to offer more content, better technology, more customer service and additional local content," said Jonathan Klein, co-founder and CEO of Getty Images.

"Combining Jupiterimages' product with Getty Images' extensive media assets and global distribution will further enhance Getty Images' offerings and provide more relevant content to both companies' customers while extending the presence of the Jupiterimages brand to customers around the world."

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