Sunnyvale, Calif. – Yahoo (NASD: YHOO) is in talks to sell its Delicious social bookmarking
service for as much as $2 million, Business Insider reported, citing a source
familiar with the discussions.
The company acquired Delicious in 2005 for an undisclosed sum, but said
in December that it would seek to sell off the unit.
The suitor is said to be a
strategic partner, which Business Insider speculated could be bookmarking
service StumbleUpon, which recently raised $17 million in new financing.
The
Next Web also recently reported that Yahoo would sell Delicious, but pegged the
sale price at $5 million. Delicious was founded in 2003.
Related Links:
http://www.businessinsider.com/yahoo-selling-delicious-2011-3
http://tinyurl.com/6hnvmzn
(The Next Web)
