Yahoo buys del.icio.us

Post ImageIf someone asked me who I thought was winning the Web 2.0 game, my answer would most definitely be Yahoo. The same company that bought Flickr has now also acquired social bookmarking site del.icio.us:

Joshua Schachter, the founder of Del.icio.us, confirmed a posting on the New York-based start-up’s site that the company had been acquired by Yahoo. A Yahoo representative confirmed that the agreement to buy Del.icio.us had closed on Friday.

Neither party disclosed financial terms.

“We are joining forces to build my vision of creating a way for people to remember things together,” Schachter told Reuters in a phone interview. “It is a shared-memory site.”

That means that Yahoo now owns both of the so-called “web 2.0” companies that I use most. Here’s what Joshua posted on the del.icio.us blog in a post cleverly titled “y.ah.oo!”:

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!)

Fraternal twin indeed! I can’t wait to see what Yahoo cooks up with two of the most popular new web properties now under its ever-growing umbrella.

Read: CNET News.com

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