Science Inc. Purchases Social Bookmarks Manager Delicious.
The technology studio whose platform is used to grow and scale businesses, Science Inc, has recently announced that it has agreed to acquire social bookmarking application Delicious and De.icio.us from Avos Systems, which was founded by Chad Hurle and Steven Chen, also co-founder of Youtube.
Science has spent for the past two years developing and investing in brands and marketplace companies. Having co-founded and invested in a total of over 40 companies, Science has backed breakout companies like men’s lifestyle brand Dollar Shave Club, pet services marketplace DogVacay, and Pinterest marketing firm HelloSociety, amongst many others. The acquisition of Delicious marks the first extension of Science’s portfolio themes to data content companies.
“Delicious as a social bookmarking utility has incredible value in both its deep understanding on trending web properties as well as its mobile and browser based customer experience,” says Michael Jones, founder and CEO of Science Inc. “We are eager to have them as part of our growing portfolio of transformative digital companies. Delicious masterfully understands how content flows through social platforms, and this expertise will be the lynchpin of our burgeoning data oriented mobile content portfolio.”
Science’s platform combines proprietary technology, process and audience in order to engage with customers. The platform is then leveraged to develop companies that Science starts, invests i, and purchases.
With this unique expertise, Science plans to lead the way with Delicious towards its next phase of growth, and maintain the features that million of user have come to love. Delicious manages submissions of more than 15 million links form a total of two million active users per month. Over a billion links are served daily from more than 200 countries globally.
“We are confident Science will give Delicious and its millions of users the attention and service they deserve,” said Chad Hurley, co-founder and CEO of AVOS Systems. “We are excited to have Michael and the Science team support the product’s social utility and enhance its growing community.”
The main objective in the next couple of weeks will be to maintain a seamless transition for Delicious users, so that the service they’ve come to fall for, continues to deliver maximum utility for saving users favorite links and content across the web and mobile.