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Dropbox has opened its wallet again to purchase cloud-based photo aggregation and sharing service Snapjoy.
Snapjoy, like Dropbox is a fellow Y Combinator firm, and the purchase will allow the file sharing site to provide more photo options for its customers.
Snapjoy allows users to bring pictures from their phone and camera together, as well as from other services such as Instagram, Twitter and Flickr.
Users can share photos on Snapjoy privately or with their friends via social networks.
In a blog post, Snapjoy said that it won't be closing its service, but will combine it with Dropbox to increase functionality.
"We’ve always admired Dropbox and loved their product," said the team in a blog posting. "From the moment we met the founders, it was clear we shared a common goal. By combining forces with their amazing team, we can leverage the technology and scale of their platform and focus on what matters — delivering an incredible photo experience to over 100 million people."
For a long while Dropbox has used photo storage to encourage users to stick with its cloud service. It recently updated its iOS app with a more modern look, a photo tab and optimised full screen displays of pictures.
As a result of the acquisition, Snapjoy will no longer be accepting new signups, although existing users can continue to use its services.
The purchase comes just a week after Dropbox announced its acquisition of music streaming service Audiogalaxy, which could help users backup music and stream it from the cloud.
Dropbox recently passed the 100 million user mark and announced revenues of $240 million on 50 million users in 2011.
The financial terms of the deal were not disclosed.