M&A Deal Summary

AOL Acquires Bebo

On March 13, 2008, AOL acquired internet software and services company Bebo for 850M USD

Acquisition Highlights
  • This is AOL’s 24th transaction in the Internet Software and Services sector.
  • This is AOL’s 5th largest (disclosed) transaction.
  • This is AOL’s 33rd transaction in the United States.
  • This is AOL’s 13th transaction in California.
Investment Fate
  • Bebo was divested to a strategic buyer in 2010.

M&A Deal Summary

Date 2008-03-13
Target Bebo
Sector Internet Software and Services
Buyer(s) AOL
Deal Type Add-on Acquisition
Deal Value 850M USD

Target

Bebo

San Francisco, California, United States
Bebo was founded in 2005 byMichael & Xochi Birch. It provides social network services.

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Buyer(S) 1

Buyer

AOL

New York, New York, United States

Category Company
Founded 1985
Sector Internet Software and Services
Revenue 2.3B USD (2013)
DESCRIPTION
AOL office in Palo Alto, California.
AOL office in Palo Alto, California.

AOL is a media technology company that produces, distributes, and monetizes by connecting publishers with advertisers on its global, programmatic content and advertising platforms. AOL was formed in 1985 and is based in New York, New York.


DEAL STATS #
Overall 36 of 64
Sector: Internet Software and Services M&A 24 of 38
Type: Add-on Acquisition M&A Deals 31 of 58
State: California M&A 13 of 24
Country: United States M&A 33 of 58
Year: 2008 M&A 2 of 5
Size (of disclosed) 5 of 24
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-02 Goowy Media

San Diego, California, United States

Goowy began in 2004 as a Flash-based web desktop but switched its focus to widget platform YourMinis, which aims to serve widget discovery and development.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-14 Surphace

San Francisco, California, United States

Sphere uses its advanced search algorithm to connect mainstream and conversational media content.

Buy -