Although there has been no official statement made by either company, Yahoo! has entered a definitive agreement to acquire Flickr and its parent company, Ludicorp. No details are available, except what Flickr co-founder Caterina Fake has written on her blog. Fake explains that few if any features of Flickr will change, although Yahoo! Photos will receive a number of Flickr features. Flickr will also maintain the same management and team after the acquisition. Users will be able to log into Flickr using a Yahoo account, or continue logging on as usual. Upgrades and new features are reportedly in the works for Flickr users.