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United Online Acquires PhotoSuite. 2005-03-30, HostMan.biz Internet subscription services provider United Online, Inc. (untd.com) announced on Monday that it has acquired certain assets related to PhotoSite, Homestead Technologies, Inc.'s online digital photo sharing business, for approximately $10 million in cash and has entered into a related licensing and support agreement with Homestead Technologies. PhotoSite allows photographers of varying expertise to effectively display photos on their own personal online photo albums. Offering both free and subscription packages, PhotoSite includes custom albums and photo-blogs, full-screen slideshows, online print ordering and more. Homestead employees currently employed under the PhotoSite service will join United Online and will continue to be based in the San Francisco Bay Area. "The acquisition of PhotoSite, with its compelling functionality and cutting-edge technologies, is a perfect fit with our existing portfolio of high-quality consumer Internet subscription offerings," says Mark R. Goldston, chairman, CEO and president of United Online. "We look forward to welcoming the talented PhotoSite staff to the United Online family."

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