Pixelmator Prois image editing software that’s similar toPhotoshop. It has an extensive set of tools that allows users to edit and retouch photos, create graphic designs, paintings, and more. In a surprise move, the company has announced that Apple is acquiring it.

“Pixelmator has signed an agreement to be acquired by Apple, subject to regulatory approval. There will be no material changes to the Pixelmator Pro, Pixelmator for iOS, and Photomator apps at this time,” Pixelmator said in ablog post.

Pixelmator pro app icon

The blog post doesn’t offer specific details on what the future has in store for Pixelmator, but the company said to “stay tuned for exciting updates to come.” Pixelmator is based in Vilnius, Lithuania, and was founded in 2007.

Pixelmator Pro

Pixelmator Pro is a powerful and easy-to-use image editing software for Mac.

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Pixelmator positions itself as an alternative to Photoshop

It’s certainly cheaper than Adobe’s image editing software

Pixelmator Pro has always been an interesting alternative to Photoshop. The app is just $50 in the App Store, making it far cheaper than paying for Photoshop CC every month. Like Photoshop, Pixelmator recently added AI tools, including easily hiding an image’s background.

Apple named Pixelmator Pro itsMac App of the year in 2018. In itsblog postannouncing the acquisition, Pixelmator said it’s always been influenced by Apple. “We’ve been inspired by Apple since day one, crafting our products with the same razor-sharp focus on design, ease of use, and performance.”

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It’s unclear how long the regulatory process may take for Apple to acquire the Lithuanian company, but other recent deals likeMicrosoft acquiring Activison Blizzardtook 20 months. Some acquisitions have fallen through entirely, such as Adobe’s $20 billion deal to acquireFigmalast year.

Pixelmator joins other software packages acquired by Apple, likeFinal CutandLogic Pro, which are both still very popular withMacusers today.

Pixelmator on iPhone, Mac and iPad.

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