Shutterfly, a provider of personalized products and custom design such as photo books, is shutting its Durham operation, according to a layoff notice filed with the state of North Carolina Department of Commerce.
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Spoonflower will be acquired by Shutterfly in a deal worth $225 million. Here’s how the deal came together, and what comes next for the company, as it prepares for further growth, hiring 100 people in the Triangle in 2021.
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Spoonflower, a growing provider of services for “makers” worldwide, is being acquired by Shutterfly in a deal valued at $225 million. And the deal could mean more jobs for the Triangle.
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Private equity firm Apollo Global Management is going big on online photos.
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