Tuesday, April 19, 2005

United Online buys PhotoSite

BIZ.Y Original

United Online acquires PhotoSite, the online digital photo sharing business of Homestead Technologies Inc, for about $10 million, in cash. We also signed a related licensing and support agreement with Homestead tech.

PhotoSite is a photo sharing service that allows amateur and professional photographers to display photos on their personal website. We plan to integrate PhotoSite with our exisiting services including Netzero, Juno and ClassMates Inc.

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