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Consortium of investors sells Tiny Pictures to Shutterfly

Sep 15, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --

Company: Shutterfly Inc (SFLY)

A consortium of investors has sold Tiny Pictures, Inc. to Shutterfly, Inc., a provider of internet-based social expression and personal publishing services. Both the companies are based in the US.

Tiny Pictures is a provider of software and service for real-time sharing of cameraphone pictures and videos between users.

The consortium of investors includes Draper Fisher Jurvetson and Mohr Davidow Ventures. 

Deal Type    Venture Finance
Sub-Category Exit
Deal Status  Completed: 2009-09-14

Deal Participants 

Target (Company)   Tiny Pictures, Inc.
Acquirer (Company) Shutterfly, Inc.

Deal Rationale

The acquisition would further extend Shutterfly's services and products.

Copyright (C) 2009 Datamonitor Financial Deals Tracker. All rights reserved

News Provided by COMTEX

Company: Shutterfly Inc (SFLY)


Related terms: internet, products, software

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