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HP has announced that they have acquired Tabblo, a photo printing tool.  Tabblo allows users to easily print photos from the web. The terms and amount of the deal hasnt been disclosed.

Tabblo lets users create Photo Books, postcards, posters along with the web2.0 goodies like comments and sharing. The service also provides an integrated experience with Photo sharing sites like Flickr etc.

Similar services include Ourstory and Snapjot. More on GigaOm and Mashable.