Social bookmarking site del.icio.us has announced that it has been purchased by Yahoo!
We’re proud to announce that del.icio.us has joined the Yahoo! family. Together we’ll continue to improve how people discover, remember and share on the Internet, with a big emphasis on the power of community. We’re excited to be working with the Yahoo! Search team - they definitely get social systems and their potential to change the web. (We’re also excited to be joining our fraternal twin Flickr!)
The deal was also confirmed in a post on the Yahoo! Search blog although terms of the deal were not disclosed. The acquisition adds another component to Yahoo!’s Web 2.0 and social media strategy.
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