Digital Home Thoughts: HP Buys Snapfish, Yahoo Buys Flickr

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Tuesday, March 22, 2005

HP Buys Snapfish, Yahoo Buys Flickr

Posted by Jason Dunn in "NEWS" @ 01:00 AM

http://www.hp.com/hpinfo/newsroom/press/2005/050321e.html

"HP today announced that it has signed a definitive agreement to acquire Snapfish, a leading online photo service. Snapfish's expertise in online photo services, coupled with HP's worldwide customer reach, will rapidly enhance HP's ability to capitalize on the growing market for online photo printing. Snapfish offers high-quality photo products and services. These include free online photo sharing, photo storage and management, free editing tools and software, online print ordering, wireless imaging services for camera phone and color handset users, and more than 70 personalized photo products, such as calendars, mousepads and the like."

First Yahoo buys Flickr, and now HP grabs up Snapfish. The market is starting to mature, which means big players are stepping in and some consolidation will also start to occur - indeed, it already has with Kodak buying Ofoto. Hopefully this means better services and pricing for all of us!

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