Shutterfly Acquires WMSG to Expand Commercial Print Business
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The transaction, which closed on Nov. 5, 2010, was structured as an asset purchase for $6 million cash.
“We’re excited to combine WMSG’s data management and marketing analytics capabilities with Shutterfly’s state-of-the-art manufacturing resources. Together, we believe we can bring efficient, scalable end-to-end variable digital marketing solutions to direct marketing campaigns of any size and scope,” said Jeffrey Housenbold, president and CEO of Shutterfly. “The WMSG team brings a wealth of experience delivering high-ROI direct marketing campaigns and other print-on-demand services that will greatly benefit our existing commercial clients and help enable accelerated growth in this large and growing market.”
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