Remember Rockmelt, the social media Web browser that made a brief splash in 2010? Yeah, it took us a minute, too.

But Yahoo hasn’t forgotten it—Sunnyvale just ponied up a cool “$60 to $70 million” (according to the Wall Street Journal) for what appears to be a pure play for the company’s tech team, including veterans from Netscape and OpsWare.

Existing apps and the Rockmelt website will shut down by the end of August 2013. The move is the latest in a series of acquisitions for Yahoo, which most recently include the $1.1 billion purchase of Tumblr earlier this year.

The company’s leadership wrote a blog post on the acquisition Friday morning, saying, “Yahoo! and Rockmelt share a common goal: To help people discover the best content from around the Web. In our short four and a half years at Rockmelt, we’ve learned a lot about how you like to browse the Web, discover content, and share the great stuff you’ve found.”