Photo storage service SmugMug acquires Flickr
US-based photo storage service SmugMug has acquired photo-sharing platform Flickr for an undisclosed sum. Announcing the acquisition, SmugMug said that Flickr will continue to operate as a separate entity after the deal closes. Founded in 2004, Flickr was earlier owned by Yahoo, which was acquired by Verizon for $4.48 billion last year.