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Shutterfly history
Shutterfly company history timeline
In 1999, Shutterfly, Inc. began as a company that helped people print 4″x 6″ photographs from their digital cameras.
Shutterfly, LLC was founded in 1999 and is headquartered in Redwood City, California.
Shutterfly bought competitor's Kodak's online photo business for $23.8 million in 2012 after the legacy photo company filed for bankruptcy protection earlier that year.
Shutterfly announced it would lay off about 260 employees, or 13% of its staff, in early 2017.
Lifetouch segment (created in 2018): Shutterfly acquired Lifetouch, a national leader in school photography, in April 2018 for $825 million.
Shutterfly’s common shareholders shall receive $51.00 per share in cash, representing a premium of 31% when compared to Shutterfly’s unaffected closing stock price of $38.91 on April 23, 2019.
On June 10, 2019, Shutterfly agreed to be acquired in an all-cash deal.
Shutterfly’s shareholders will receive $51 per share in cash as a part of the deal – a price Trefis has maintained as the fair value for the company since the start of 2019.
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Shutterfly competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Snapfish | 1999 | $85.7M | 267 | - |
| eBay | 1995 | $10.3B | 13,300 | 192 |
| Groupon | 2008 | $492.6M | 6,000 | 22 |
| DocuSign | 2003 | $3.0B | 7,461 | 135 |
| Airbnb | 2008 | $11.1B | 5,597 | 86 |
| Etsy | 2005 | $2.8B | 1,400 | 47 |
| Grubhub | 2004 | $1.8B | 2,773 | 78 |
| Mixbook | 2006 | $18.0M | 60 | 2 |
| Creative Packaging | 1974 | $590,000 | 50 | - |
| KDM POP Solutions Group | 1970 | $1.6M | 10 | - |
Shutterfly history FAQs
Zippia gives an in-depth look into the details of Shutterfly, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Shutterfly. The employee data is based on information from people who have self-reported their past or current employments at Shutterfly. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Shutterfly. The data presented on this page does not represent the view of Shutterfly and its employees or that of Zippia.
Shutterfly may also be known as or be related to SHUTTERFLY INC, Shutterfly, Shutterfly Inc, Shutterfly Inc., Shutterfly, Inc. and Shutterfly, LLC.