HP Says Agrees to Buy Closely Held Snapfish, Reuters, 21 Mar 2005

“Hewlett-Packard Co. (NYSE:HPQ - news) on Monday agreed to buy closely held online photo service company Snapfish as the computer and printer maker aims to capitalize on the fast-growing online photo printing market. Financial terms of the proposed acquisition of Snapfish, which claims more than 13 million registered users, weren't disclosed. HP said that Snapfish is the largest online photo service firm, leading Eastman Kodak Co.'s (NYSE:EK - news) Ofoto, closely held Shutterfly Inc., dotPhoto Inc. and others.�

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