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

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)
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