Yahoo Acquires Bookmark-Sharing Service del.icio.us

Authored by Mark Hefflinger on December 12, 2005 - 4:01am.

Sunnyvale, Calif. - Adding to its social networking offerings, Yahoo said that it has acquired del.icio.us, a New York-based startup that allows users to keep links to Internet content and access them from any computer on the web. Financial terms of the deal were not disclosed. Del.icio.us will remain in charge of its site, which also allows users to share their favorite links with others, as well as search through other people's favorites. The company, which has nine employees, has signed up more than 300,000 users since its inception in 2003. Yahoo also has recently acquired social networking sites Flickr and Upcoming.org.
http://www.namcnewswire.com/releases/content/view/386/2/
http://del.icio.us