Flickr, that bastion of open source, creative commons, you show me yours I’ll show you mine photo service has been acquired by Yahoo! Rumoured to be on the trading block for a while, parent company Ludicorp confirmed the deal today. Flickr’s own blog put it this way:

Flickr will be continuing on the path it’s on — to Flickr 1.0 and beyond. We’ll be working with a bunch of people that Totally Get Flickr and want to preserve the community and the flavor of what is here. We’re going to grow and change, but we’re in it for the long haul, with the same management and same team.

I sure hope so. This site has a great concept, and should do well for a long time to come.