Shutterfly, Inc., a web-based photo sharing company, announced a deal this week to buy Tiny Prints, Inc. for about $369 million.
Tiny Prints, Inc. operates two thriving online card and stationary websites that offer stylish cards, invitations, personalized stationery and photo books.
The deal will enable Shutterfly to build its portfolio of iconic brands. Currently Shutterfly's flagship product is a popular photo book that can be ordered and designed online.
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