Shutterfly

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For the computer application, see Shutterfly Studio.
Shutterfly
Shutterfly.png
Type Public
Traded as NASDAQSFLY
Founded 1999
Headquarters Redwood City, California
President Jeffrey Housenbold
CEO Jeffrey Housenbold
Industry photograph-derived manufacture; photo sharing
Website http://www.shutterfly.com/
Alexa rank negative increase 1,562 (April 2014)[1]

Shutterfly is an Internet-based image publishing service based in Redwood City, California. Shutterfly's flagship product is its photo book line. The company was founded in 1999 and is currently led by Jeffrey Housenbold, who joined the company in 2005.[2] The company went public in 2006.[2] The customer base is heavily skewed toward women, who accounted for 80% of customers as reported in 2013.[2]

Shutterfly's revenue derives from "turning digital snapshots into tangible things".[2]

Shutterfly enables users to create personalized photo gifts (including photos and text) such as mugs, blankets, photo books, prints (in sizes, up to 20x30 in.), stationery cards, bags, magnets, playing cards and puzzles.

Acquisitions and Partnerships[edit]

  1. BorrowLenses October 24, 2013[3]
  2. R&R Images August 29, 2013[4]
  3. MyPublisher April 30, 2013[5][6]
  4. ThisLife (Photo sharing) January 7, 2013[7][8]
  5. Penguin Digital, Inc. September 17, 2012[9]
  6. Photoccino May 30, 2012[10][11]
  7. Kodak Gallery March 1, 2012[12]
  8. Tiny Prints, Inc (Personalized card and stationery seller) March 21, 2011[13][14]
  9. WMSG, Inc. November 8, 2010[15]
  10. Tiny Pictures (mobile photo-sharing application centered on photo commenting) September 2009[16]
  11. Nexo Systems January 4, 2008[17]
  12. Make It about Me June 27, 2007[18]
  13. Memory Matrix, Inc June 1, 2005[19]

On March 21, 2011, Shutterfly announced that it was acquiring personalized card and stationery seller a privately held company that operates tinyprints.com and weddingpaperdivas.com, for $141 million in cash and 3.9 million shares.[20]

On March 1, 2012, Eastman Kodak agreed to sell Kodak Gallery to Shutterfly for $23.8 million.[21]

See also[edit]

References[edit]

  1. ^ "Shutterfly.com Site Info". Alexa Internet. Retrieved 2014-04-01. 
  2. ^ a b c d Ashlee Vance (January 3, 2013), "Shutterfly's Improbably Long Survival (and Success)", Bloomberg Businessweek, businessweek.com, retrieved January 26, 2013 
  3. ^ http://ir.shutterfly.com/releasedetail.cfm?ReleaseID=800250
  4. ^ http://ir.shutterfly.com/releasedetail.cfm?releaseid=787904
  5. ^ http://www.businesswire.com/news/home/20130430005541/en/Shutterfly-Acquires-MyPublisher
  6. ^ http://ir.shutterfly.com/releasedetail.cfm?releaseid=760315
  7. ^ "Shutterfly Looks Like David -- Yahoo's Flickr Is Goliath". Forbes. January 7, 2013. Retrieved 2013-01-08. "Yahoo’s Flickr is the Goliath of online photo sharing. Shutterfly just became David with the acquisition of ThisLife." 
  8. ^ http://ir.shutterfly.com/releasedetail.cfm?releaseid=731766
  9. ^ http://ir.shutterfly.com/releasedetail.cfm?releaseid=707246
  10. ^ http://ir.shutterfly.com/releasedetail.cfm?ReleaseID=678111
  11. ^ http://ir.shutterfly.com/releasedetail.cfm?releaseid=678111
  12. ^ "Kodak Gallery to be sold to Shutterfly". Channel NewsAsia. Retrieved 2 March 2012. 
  13. ^ Associated Press (March 21, 2011). "Shutterfly to acquire Tiny Prints for over $300M". Bloomberg Businessweek. Retrieved May 4, 2011. 
  14. ^ http://ir.shutterfly.com/releasedetail.cfm?ReleaseID=571620
  15. ^ http://ir.shutterfly.com/releasedetail.cfm?ReleaseID=527862
  16. ^ "Shutterfly Buys Tiny Pictures For A Tiny Price". TechCrunch. September 13, 2009. Retrieved May 6, 2011. 
  17. ^ http://ir.shutterfly.com/releasedetail.cfm?ReleaseID=284756
  18. ^ http://ir.shutterfly.com/releasedetail.cfm?ReleaseID=251150
  19. ^ http://ir.shutterfly.com/releasedetail.cfm?ReleaseID=201659
  20. ^ Associated Press (March 21, 2011). "Shutterfly to acquire Tiny Prints for over $300M". Bloomberg Businessweek. Retrieved May 4, 2011. 
  21. ^ "Kodak Gallery to be sold to Shutterfly". Channel NewsAsia. Retrieved 2 March 2012. 

External links[edit]