Vistaprint announced today that its parent company Cimpress has gotten self-employed style marketplace 99designs. The business say that 99designs will enter into Vistaprint while also operating as a separate brand, with 99designs CEO Patrick Llewelyn continuing lead his team and reporting to Cimpress/Vistaprint CEO Robert Keane. The acquisition statement stresses the opportunity of connecting 99designs ‘freelance designers with the 20 million small businesses who use Vistaprint to print signs, banners, service cards and other marketing materials– so they can
their design and printing requires dealt with in one place. Obviously Vistaprint has actually already been expanding into design services, with offerings that include a design service that services have utilized for to create custom-made face masks during the pandemic. “The driving force behind Vistaprint’s future with 99designs is our enthusiasm
to assist small companies,”Keane said in a declaration.” We understand how crucial fantastic design is for business owners on their journey. 99designs and Vistaprint have actually shared values and vision to be a relied on
partner to business owners and creators, which lay the structure for something larger and better than either of our groups might create alone. “The monetary terms of the acquisition were not revealed. Cimpress is publicly-traded, while 99designs has remained personal, despite Llewellyn’s plans to go public a couple of years ago. The style company was founded in 2008n and raised a total of$45 million from Accel and Recruit Strategic Partners. Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.