Chad Hurley, Steve Chen's new Internet firm acquire's social bookmarking service for undisclosed fee.
Yahoo Inc. sold the social bookmarking service Delicious.com to the founders of YouTube.
Yahoo said in December it was in talks with companies to find a new home for Delicious, denying media reports that it planned to shut down the social bookmarking service.
Avos, a new Internet company run by Chad Hurley and Steve Chen, didn't disclose financial terms of the deal.
Delicious, started in 2003 and sold to Yahoo in 2005, allows Internet users to save and share web bookmarks. It will continue to provide the same service, and Avos plans to make the site easier to use.
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