Yahoo Inc., has taken a huge step in its bid to expand its portfolio of self-publishing and "social networking" services through the acquisition of Flickr Inc.
Canadian based Flickr is a free photo storage and sharing service that lets subscribers create communities of specialised interests and personalised information.
We reported earlier of Yahoo's announcement of Yahoo 360, a blogging and social networking service, and this move is seen as the latest move by Yahoo's to consolidate its position in the niche.
Flickr will remain a standalone unit for at least several months, but eventually may be incorporated into existing Yahoo products such as Yahoo Photos.
Yahoo had been watching the progress of Flickr for months, especially its rapidly expanding community of users who provide a rich package of personal information when they sign up for the service.
The site includes more than 5.5 million photos but does not divulge how many people have subscribed to the service.
Yahoo, which already has a more traditional online photo service, is one of several Silicon Valley powerhouses seeing promise in the fast-growing niche of Internet-based digital photo management.
|
|
Reader Comments: 0
