Today it was announced that YouTube founders Chad Hurley and Steven Chen have purchased the social bookmaking site Delicious from Yahoo, which acquired the site back in 2005.

Per the press release, Delicious will become part of AVOS, a new Internet company. Current users using Delicious will continue to use the service, but it will now be easier and more fun to save and share what is already on the web.

“We’re excited to work with this fantastic community and take Delicious to the next level,” said Chad Hurley, CEO of AVOS. “We see a tremendous opportunity to simplify the way users save and share content they discover anywhere on the web.”

“We spoke with numerous parties interested in acquiring the site, and chose Chad and Steve based on their passion and unique vision for Delicious,” said John Matheny, SVP of Communications and Communities at Yahoo!

The YouTube founders plan to work closely with the community over the next few months to develop innovative features to help solve the problem of information overload. “We see this problem not just in the world of video, but also cutting across every information-intensive media type,” said Chen.

Could this mean that sites like Digg and Reddit are not that far behind as being sold off as well? Let us know what you think in the comments below.

About The Author

Acquanetta Ferguson is a freelance writer. This is the future, and she feels that the time is now to give reviews on the gadgets and tech toys before you spend your hard-earned money. When not going ga-ga over tech, she writes about her favorite sci-fi shows with complete abandoned. You can follow her at twitter @nettagyrl.

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