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HP to Sell Photo Sharing Service Snapfish

Hewlett-Packard said Tuesday it would sell its Web-based photo sharing service Snapfish to digital imaging company District Photo. Financial terms of the deal were not disclosed. HP, the world’s No. 2 PC maker, bought Snapfish for more than $300 million in 2005 and made the company a part of its printing and personal systems group. HP said in October it would separate its computer and printer businesses from its corporate hardware and services operations this year.

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