Yahoo Buys Flickr
Yahoo finalized its purchase of the photo-sharing site Flickr some time on Sunday. The deal had been anticipated, here and elsewhere, for weeks. With this purchase, the acquisition of Bloglines by AskJeeves, the acquisition of Picasa by Google, and the acquisition of LiveJournal by Six Apart, the mini-M&A wave in the blogging infrastructure sector continues to roll.
UPDATE: Just as we finished drafting the above post, we saw the wires flash with the news that Diller’s InterActive Corp. purchased AskJeeves for a reported $1.85 billion this morning. The mini-M&A wave is gaining some size.
Read: Ludicorp – Profile – [a:c]
Read: Yahoo buys photo-sharing site Flickr – [News.com]