AOL has announced that it is acquiring social network Bebo for $850 million in cash. Bebo has about 40 million members. Bebo is especially popular in the UK, Ireland and New Zealand and has over 100 staff across its London, San Francisco and Austin offices. In January 2008, Bebo had 22.4 million unique visitors worldwide with visitors averaging… Read More »
AOL announced that it has acquired Yedda, Inc., a semantic social search Questions and Answer service. Yedda will operate as a wholly owned subsidiary of AOL. Yedda was founded in 2006. Yedda employs approximately 20 people and will continue to operate in the U.S. and throughout Europe. Yedda’s R&D center will continue to be based in Israel. Financial… Read More »
AOL has acquired Israeli start-up Yedda, a social search questions-and-answers service with proprietary semantic matching technology which was launched in 2006 . No financial terms were disclosed.