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On Friday, the popular internet tagging site del.icio.us announced in their blog that search engine giant Yahoo! purchased the site. Yahoo! plans on giving the del.icio developers plenty of resources to expand and further develop the site. The following quote was taken from the del.icio.us developer blog:

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!

Del.icio.us is the third web 2.0 company that Yahoo! has recently acquired.

Links:
Del.icio.us blog
Yahoo! Search blog post

This entry was posted on Monday, December 12th, 2005 at 6:35 am and is filed under Daily Dose, The Internet. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.