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HP to Sell Snapfish Photo Sharing Service

By Reuters | Updated: 22 April 2015 09:33 IST
HP to Sell Snapfish Photo Sharing Service
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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

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Further reading: HP, Hewlett Packard, Internet, Snapfish
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