American Greetings buys

By | October 26, 2007

 American Greetings acquired from CNET for $45 million. Originally, CNET had bought in July 2004 for about $70 million. Webshots is among the biggest photo sharing sites in competition with sites like Flickr,  Photobucket and others. It received about 7 million unique monthly U.S. visitors as measured by The Nielsen Company and stores more than 400 million digital photos.