Flickr acquired by SmugMug

Flickr, an image- and video-hosting website and web services suite that was created by Ludicorp in 2004 and acquired by Yahoo on 20 March 2005, has officially announced today that all its brand and services have merged with a famous image hosting site "SmugMug"

SmugMug on its own websites states how the merger will be good for both companies 

" SmugMug and Flickr represent the world’s most influential community of photographers, and there is strength in numbers. We want to provide photographers with both inspiration and the tools they need to tell their stories. We want to bring excitement and energy to inspire more photographers to share their perspective. And we want to be a welcome place for all photographers: hobbyist to archivist to professional. "

The existing users of Flickr or SmugMug must not worry at all because although the companies have merged, all the user data and their accounts will remain as it is with all the paid subscription. Instead of being viewed as a merger, this change shall be beneficial for both companies and its users with expansion of services at the both ends.