Shutterfly shutting down Israel tech hub it bought in 2012
CTECH by Calcalist reports North American photo printing leader Shutterfly will shut down its Israel operations, laying off 80 employees. Once part of the acquisition of Photoccino, the Haifa location employed 150 people at its peak. In May, 2012, Shutterfly acquired the Israeli photo software company Photoccino for undisclosed terms. Photoccino developed technologies for the ranking, analysis and organization of digital...
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