AOL acquires Bebo social network

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After Google's purchase of Double Click, here is another major deal: AOL acquires Bebo social network.

Time Warner's AOL internet division is buying the social networking site Bebo for $850m (£417m) in cash. Bebo is the third-biggest social networking site in the US, behind MySpace and Facebook.

AOL says that Bebo has more than 40 million members worldwide who view an average of 78 pages per day each. The price-tag is tiny when compared with the valuations of similar websites. Microsoft bought 1.6% of Facebook last year for $240m.


[BBC News]


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5 comments:

Alex Pumnea said...

Nu e ceva nou deja ;) AOL se îndreaptă spre KickApps ;) Asta e noutatea de ultima ora !!!

INconstantIN said...

Alex, eu încă pentu vreo 2 săptămâni sunt condamnat la dial-up, aşa că sunt mai în urmă cu ştirile:D!

Alex Pumnea said...

Dial-up ???, offf atunci meriţi cel puţin un monument, multe noutăţi şi cu o întîrziere nu atît de mare ;) good job.

INconstantIN said...

Just wait till I get off this land of limitations:D!

Alex Pumnea said...

Deal, I'll be waitin' for you to catch up ;)