HP to Sell Image-Sharing Service Snapfish The company is being sold to District Photo for an undisclosed sum.
By Reuters
This story originally appeared on Reuters
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.
(Reporting by Sai Sachin R in Bengaluru; Editing by Savio D'Souza)
