Delicious lets users save, share, tag and annotate website links, providing a next-generation, cloud-based approach to the traditional storing of bookmarks within Web browsers locally in PCs.

Yahoo acquired it in 2005 and indicated last year that it was seeking buyers for the social bookmarking service after deciding that it didn't fit in with the company's current strategy.

There will be a transition period for Delicious as it moves to its new home, but bookmarks will be maintained. Delicious users will get a chance to open new accounts with Avos.