AOL Completes Acquisition Of Global Social Media Network Bebo
NEW YORK, NY, May 19, 2008 – 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. Read the rest of this press release »
Blogging and Social Media, Business | May 19th, 2008