AOL Acquires Bebo for $850 MM
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This morning AOL CEO Randy Falco announced that AOL is acquiring Bebo, the third largest social network behind Myspace and Facebook. With over 3.5 monthly unique viewer, Bebo is the number one social network in the UK and New Zealand.
Bebo resides in a space between Myspace and Facebook in that it is inclusive of teens and college students. It also strikes a nice balance between the rigid design of Facebook and the garbled mess of Myspace in look and feel. Bebo allows users to skin their profiles in order to add their own ...