Delicious is a social bookmarking site that allows users to save their bookmarks and share them with other users. The service was founded in 2003 and was purchased by Yahoo! in 2005.

However, Yahoo! announced last year that Delicious does no longer fit into the profile of the ompany, and has since then tried to find a way to get someone to take over the service.

Now it has been announced that the two founders of YouTube, Chad Hurley and Steve Chen, are buying Delicious via their Internet company Avos. The two entrepreneurs sold YouTube to Google in 2006 for $1.76 billion.

This is the official press release from the Delicious Blog:

“April 27 2011
YouTube Founders Acquire Delicious 

Today, we’re pleased to announce that Delicious has been acquired by the founders of YouTube, Chad Hurley and Steve Chen. As creators of the largest online video platform, they have firsthand experience enabling millions of users to share their experiences with the world. They are committed to running and improving Delicious going forward.

Providing a seamless transition for users is incredibly important for both companies. Yahoo! will continue to operate Delicious until approximately July 2011. When the transition period is complete, your information will be moved over to Delicious’ new owner.

Starting today, we will ask you to login to Delicious again and agree to let Yahoo! transfer your bookmarks to the new owner. That way, you’ll enjoy uninterrupted use of the service and will keep your account and all of your bookmarks when we make the transition. For more information on the Delicious transition, please refer to this FAQ.

Thank you for your patience in this time of transition and thank you for using Delicious!”

Probably a company like Avos, who can focus entirely on Delicious could probably revive and develop the service in a way Yahoo! did not succeeded. User accounts, and bookmarks will not be affected, by the change.

Neither Yahoo or Avos has revealed financial details of the deal.

(via ComputerSweden)