Report
Nicolas Thorez

Claranova : PlanetArt buys CafePress® from Shutterfly / Snapfish

>Another transforming deal to beef-up the division - Claranova’s subsidiary PlanetArt announced yesterday evening that it had acquired the assets of CafePress from Snapfish (a division of Shutterfly, its main American rival). The brand is based in Louisville in the US and specialises in the domain of personalised products. Whilst the financial terms and conditions of the deal have yet to be disclosed, our research indicates that CafePress was bought by Snapfish in 201...
Underlying
Claranova SE

Claranova SA, formerly Avanquest SA, is a France-based holding company engaged in the technology industry. The Company operates through three businesses including Avanquest Software, that develops, publishes and markets Personal Computer (PC) software products in several categories, including system utilities, home graphics, digital imaging and small business solutions; the PlanetArt business operates a print-on-demand platform, which features five brands covering both Website and mobile application technologies. Among its applications is FreePrints, a mobile photo printing solution for iOS and Android. The Company also operates through myDevices business, which enables enterprises to design, prototype and commercialize Internet of Things (IoT) solutions through Cayenne, a drag-and-drop IoT project builder. Claranova SA offers its products and services in approximately 100 countries worldwide.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Nicolas Thorez

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