Intersec Saudi Arabia Holds Conferences on Future Security and Fire Safety

SPA
SPA
TT

Intersec Saudi Arabia Holds Conferences on Future Security and Fire Safety

SPA
SPA

Intersec Saudi Arabia held dialogue sessions at Fire Safety Conference and Future Security Conference with the participation of an elite group of speakers and experts in the fields of fire, security and safety from inside and outside the Kingdom of Saudi Arabia.
The sessions of the Future Security Conference discussed the areas of international security cooperation, reducing cyber risks, the role of women in the security field, business sustainability, effective risk management, building safe future cities, and security innovations through artificial intelligence, SPA reported.
The sessions of the Fire Safety Conference discussed the latest developments in systems, regulations and techniques, technology and artificial intelligence for managing emergency situations, planning, monitoring and crowd management to confront disasters, and the awareness and educational role.



Getty Images and Shutterstock to Merge, Forming $3.7 billion Stock Image Giant

Craig Peters, CEO of Getty Images, speaks during an interview on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2022. REUTERS/Brendan McDermid/File Photo
Craig Peters, CEO of Getty Images, speaks during an interview on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2022. REUTERS/Brendan McDermid/File Photo
TT

Getty Images and Shutterstock to Merge, Forming $3.7 billion Stock Image Giant

Craig Peters, CEO of Getty Images, speaks during an interview on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2022. REUTERS/Brendan McDermid/File Photo
Craig Peters, CEO of Getty Images, speaks during an interview on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2022. REUTERS/Brendan McDermid/File Photo

Getty Images said on Tuesday it will merge with rival Shutterstock to create a $3.7 billion stock image powerhouse in a deal that would help the companies navigate the AI era, but likely attract antitrust scrutiny.

Shutterstock's shares were up 9.9% in premarket trading, while shares of Getty Images were up 18.7%, according to Reuters.

The combined company will be named Getty Images Holdings Inc and will continue to trade on the New York Stock Exchange under the ticker symbol "GETY".

At close, Getty Images' CEO, Craig Peters, will serve as CEO of the combined company.

Getty competes with Reuters and the Associated Press in providing photos and videos for editorial use.