Flickr Has Been Purchased by SmugMug

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HardOCP reports that Flickr has been purchased by photo-sharing website and image-hosting service SmugMug  A quote from the article:
Independent photo-sharing website and image-hosting service SmugMug is the proud new owner of Flickr. According to CEO Don MacAskill, the website had been long neglected by its previous proprietor, Yahoo, and his goal is to revitalize its community of amateur and professional photographers.

The surprise deal ends months of uncertainty for Flickr, whose fate had been up in the air since last year when Yahoo was bought by Verizon for $4.5 billion and joined with AOL in Verizon's Oath subsidiary. Oath has started to weed out some of its assets after merging AOL and Yahoo. Earlier this month, Oath sold Polyvore, the e-commerce company it acquired under Yahoo CEO Marissa Mayer.
 Flickr Has Been Purchased by SmugMug