ARN

Yahoo to sell Delicious to Stumble Upon?

US$1m deal thought to be on the cards

Yahoo is thought to be in the process of wrapping up a deal to sell bookmarking service Delicious for $1m.

Delicious was acquired by Yahoo in 2005 and allows web users to 'bookmark' pages and share them with friends and family.

The service has been up for sale since December.

"We're actively thinking about the future of Delicious and we believe there is a home outside the company that would make more sense for the service and our users," Yahoo said in a blog last year in which it was also forced to deny it was shutting down the service.

According to Business Insider, the potential buyer could be a similar site such as Stumble Upon, which recently raised $17m in funding. However, StumbleUpon and Yahoo would not respond to request for comment.

Delicious was founded in 2003. Its founder, Joshua Schachter, left Yahoo in 2008, worked at Google and is now an angel investor in technology companies.

Broadband speed testInternet & broadband news

See also: Yahoo to shut AltaVista & Delicious?

Nominations for the 2012 ARN IT Industry Awards open on Tuesday, June 12.

More about: Google, StumbleUpon, Yahoo
References show all

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
Users posting comments agree to the ARN comments policy.
Login or register to link comments to your user profile, or you may also post a comment without being logged in.
Related Coverage
Related Whitepapers
Latest Stories
Community Comments
Tags: business issues, Internet & broadband, Mergers / acquisitions, stumbleupon, Yahoo
ARN Directory | Distributors relevant to this article
Aquion , Avnet Technology Solutions
rhs_login_lockGet exclusive access to ARN's news, research and invitation only events.
ARN Distributor Directory
Find distributors by name | vendor | location
Channel Deals
/deals/aca-pacific/392_kodak-i2000-series-scanner-add-a-smart-touch-t
ACA Pacific

Kodak i2000 Series Scanner - Add a Smart Touch to your office.

More details »
ARN Vendor Directory
Find vendors by name | category

iAsset is a channel management ecosystem that automates all major aspects of the entire sales,marketing and service process, including data tracking, integrated learning, knowledge management and product lifecycle management.