Shutterfly (SFLY +0.8%) confirms it's acquiring online photo sharing/storage provider ThisLife....

|By:, SA News Editor

Shutterfly (SFLY +0.8%) confirms it's acquiring online photo sharing/storage provider ThisLife. Terms are undisclosed, but TechCrunch recently suggested the price tag is in the ~$25M range. Shutterfly says it will integrate ThisLife's photo organization and storage tech, which includes facial recognition, Facebook/Instagram importing, and a timeline feature, with the company's photo product creation offerings. (PR)