Article: AOL Finalizes Acquisition of Social Media Network Bebo


Wireless News
05-24-2008
AOL Finalizes Acquisition of Social Media Network Bebo

WIRELESS NEWS-May 24, 2008-AOL Finalizes Acquisition of Social Media Network Bebo (C)2008 10Meters - http://www.10meters.com

AOL announced that it has completed its acquisition of Bebo, a global social media network that will form the centerpiece of AOL's newly created People Networks business unit.
Bebo's CEO Joanna Shields will serve as Executive Vice President of AOL and President of People Networks, which combines Bebo, AIM, ICQ and AOL's other community platforms and reaches about 80 million users worldwide. Shields will report to AOL President and COO Ron Grant.

With the addition of Bebo and the ...

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