Rockmelt has been acquired by Yahoo, for a reported $60 to $70 million. The Rockmelt apps and web product will be shutdown by the end of this month, and the team is expected to join Yahoo’s mobile team.

Our mission of exploring the Web faster and in a fun way has not changed. We’re joining a fantastic team of people where we can have a much bigger impact, and we’re thrilled and honored to have the opportunity.

“The parallels between Yahoo and Rockmelt are obvious: we share a common goal to help people discover the best personalized content from around the Web,” said the company in a blog post.

Rockmelt was founded in 2010, and the company had released a social browser similar to the Google Chrome.

[Image courtesy: Rockmelt]