AOL Acquires Bebo for $850 Million

Next Story

Crgslst: "So Web 2.0 We Don't Need Vowels"

Bebo LogoBebo, one of the big players in the social networking arena, will be acquired by America Online for $850 million.  The company has seen tremendous success in non-US markets, like Ireland, where it is presently the top social network.  Its membership of 40 million makes it one of the more prominent sites of the day.  It currently ranks at number three in the United States.

The purchase will finally give the struggling America Online a massive new group of users and a new way to push its Web 2.0 agenda.  AOL CEO Randy Falco noted the importance of Bebo to AOL’s future in a press release, “Bebo is the perfect complement to AOLs personal communications network and puts us in a leading position in social media.”  AOL.  Bebo was a pioneer in what the company calls the “social media networking” market, and has produced original content for their social network.

The company joined OpenSocial in November 2007 and has made a pretty large commitment to their Platform, working with Facebook to adapt their Facebook Platform to ease adoption of applications on Bebo.

The acquisition is part of AOL’s new social media business strategy and will serve as a large boost for the company.  More analysis will follow later in the day.


6in1 40K Cavitation Ultrasonic Radio Frequency Weight Loss Body Slim Machine SPA picture
6in1 40K Cavitation Ultrasonic Radio Frequency Weight Loss Body Slim Machine SPA
4in1 Cooling Suction Fat Freezer Cold Frozen Slimming Cavitation Radio Frequency picture
4in1 Cooling Suction Fat Freezer Cold Frozen Slimming Cavitation Radio Frequency
8IN1 Photon Ultrasonic Vacuum Cavitation2.0 RF Radio Frequency Body Slim Machine picture
8IN1 Photon Ultrasonic Vacuum Cavitation2.0 RF Radio Frequency Body Slim Machine
Cavitation &RF Radio Frequency Vacuum Ultrasound Cellulite Removal Spa Machine  picture
Cavitation &RF Radio Frequency Vacuum Ultrasound Cellulite Removal Spa Machine
Ultrasonic Cavitation2.0 Unoisetion RF Radio Frequency Weight Loss SPA Machine  picture
Ultrasonic Cavitation2.0 Unoisetion RF Radio Frequency Weight Loss SPA Machine