Website builder Wix acquires art community DeviantArt for $36M

Wix.com has made another acquisition to build out the tools that it provides to users to build and administer websites: it has acquired DeviantArt, an online community for artists, designers and art/design enthusiasts with some 325 million individual pieces of original art and more than 40 million registered members, for $36 million in cash, including $3 million of assumed liabilities.
Read more: https://techcrunch.com/2017/02/23/website-builder-wix-acquires-art-community-deviantart-for-36m/?source=Snapzu