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Snapfish is a web-based photo sharing and photo printing service owned by Shutterfly based in San Francisco, California. History [ edit ] Snapfish was launched in 1999 by business partners Rajil Kapoor, Bala Parthasarathy, [1] Suneet Wadhwa, and Shripati Acharya.
On June 10, 2019, Apollo Global Management announced that it would acquire Shutterfly for $2.7 billion, as well as its competitor Snapfish in a separate transaction valued at around $300 million. Apollo plans to merge both companies into a single entity, with Snapfish parent company District Photo as a minority stakeholder. [13]
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Nelson joined Snapfish in 1999. By 2002, Nelson was the CFO of Snapfish and had established himself as one of the company's lead business strategists. He became CEO and President of Snapfish in March 2005, just before the acquisition of the company by Hewlett-Packard. [3]
