07/16/2010 (7:15 am)

HP’s Snapfish acquires Motionbox technology

Filed under: marketing |

Hewlett-Packard Co. said on Monday that its Snapfish online photo unit has acquired the video technology platform of startup Motionbox Inc.

Palo Alto-based HP (NYSE:HPQ) didn't disclose the financial terms of the deal.

New York-based video site Motionbox has more than 2.8 million members. HP said Motionbox members can continue to post, share and edit videos on the current website until Aug same day payday loans. 10.

San Francisco-based Snapfish, which has more than 85 million registered users, was acquired by HP in 2005.

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