Visual China expands photo archive, to invest $100 million in Getty Images

February 19, 2016 3:10 AM

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HONG KONG Chinese image licensing company Visual China Group said it plans to invest up to $100 million in Getty Images as the Shenzhen-listed firm expands its footprint in the global picture library.

The deal comes a month after Corbis Entertainment, the image licensing company owned by Microsoft Corp's co-founder Bill Gates, sold its picture library business to Visual China for an undisclosed sum.

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