HP Acquires Snapfish

… and Hewlett Packard is acquiring Snapfish, the photo processing service. Ecommerce Times notes that the transaction "puts HP up against Eastman Kodak and its Ofoto service." HP says that the deal is a natural extension of its digital photography business in printers and digital cameras. Forbes in February noted that the pace of digital camera sales has slowed, while lab-produced digital prints continue to drop in price. PCWorld in its April 2005 issue analyzes the print capability and costs of 11 printers, including a chart with the per print costs of each device.

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