Printing giant Vistaprint acquires 99designs

Vistaprint announced today that its parent company Cimpress has acquired freelance design marketplace 99designs.
The companies say that 99designs will become part of Vistaprint while also operating as a separate brand, with 99designs CEO Patrick Llewelyn continuing to lead his team and reporting to Cimpress/Vistaprint CEO Robert Keane.
The acquisition announcement emphasizes the opportunity of connecting 99designs’ freelance designers with the 20 million small businesses who use Vistaprint