Social Blogworking Magazine Article San Francisco's BEBO sells for rumored 1 Billion

Industry News

San Francisco's BEBO sells for rumored 1 Billion

by Jesse Tayler

Wednesday, February 13, 2008. 08:51AM

Technorati Tags: BEBO Investment Social Networking

And you thought the Social Software investment was all over? It has just begun!

Bebo has been in discussions via their investment bank and the company signed a deal on Monday to be acquired.

Undated BEBO Screen Shot

In the UK, BEBO is the second largest social network trailing Facebook

Google, Microsoft and a few other biggies are all possibly buyers, no official word as to whom is possibly paying this potential 1 Billion. Hmmm!

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by Jesse Tayler

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