Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Apr 21, 2015

HP to Sell Photo Sharing Service Snapfish

HP to Sell Photo Sharing Service Snapfish
None

Hewlett-Packard Co said it would sell its web-based photo sharing service Snapfish to digital imaging company District Photo.

Financial terms of the deal were not disclosed.

HP, the world's No. 2 PC maker, bought Snapfish for more than $300 million in 2005 and made the company a part of its printing and personal systems group.

Reuters had reported in September that HP was exploring a sale of Snapfish.

HP said in October it would separate its computer and printer businesses from its corporate hardware and services operations this year.

© Thomson Reuters 2015

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search