American Greetings to Acquire PhotoWorks, Inc.American Greetings Corporation and PhotoWorks, Inc. today announced they have entered into an agreement whereby American Greetings, through a wholly owned subsidiary, will acquire PhotoWorks for approximately $26.5 million. PhotoWorks is a leading online photo sharing and personal publishing company that allows consumers to use their digital images to create quality photo-personalized products like greeting cards, calendars, online photo albums and photo books. PhotoWorks offers consumers new, creative, and refreshing ways to connect and express themselves privately with friends and family, and publicly within communities of similar interest.
Read MoreSource: CameraTown.com (2007-11-29 08:00:11)