WMSG began operations in 2005, and has earned a reputation for delivering high-performing direct marketing campaigns for marketing agencies and several Fortune 500 clients, including Toyota and Dell WMSG President Jim Liszewski will join Shutterfly and lead the commercial print initiative reporting to Dwayne Black, senior vice president of Operations. The transaction, which closed on November 5, 2010, was structured as an asset purchase and the acquisition consideration consisted of $6 million cash. The transaction will not have a material impact on Shutterfly net revenues, results of operations or cash flows for the quarter ending December 31, 2010.
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Feature of the month
Leading brands at Photopia Hamburg
According to to the organizer, Hamburg Messe + Congress (HMC), major imaging brands will be represented at Photopia Hamburg, which will take place in the Hanseatic city from September 23 to 26 as a festival for the entire digital imaging industry. These include camera and lens manufacturers such as Canon, Sony, Nikon, Leica and Panasonic as well as Sigma and Tamron, but also the monitor manufacturers BenQ and Eizo, print service providers such as WhiteWall and the paper manufacturers Ilford and Hahnemühle. Several retailing companies and distributors, including Calumet, Foto Erhardt, IPS, HapaTeam and Probis will also exhibit.
