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May 19, 2008, 01:37 PM
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DH News MOD
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AOL wraps up $850 M buy of Bebo social network
AOL today closed its $850 million buyout of European-based social networking site Bebo, leaving Yahoo as the only player among the "big four" search engines not to own a social network.
"When you combine Bebo's worldwide users with those who use AIM and ICQ, we reach around 80 million," said AOL CEO Randy Falco, during a conference call held when AOL initially announced the deal in March. ____________ Source: Betanews |
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