Criterion Capital Partners purchase Bebo from AOL – Finally

Posted by admin on Jun 17, 2010 in All Blog Posts, Social Media News | 5,625 comments

Well for those of us following this story this has felt like a long time coming. AOL has – finally – sold Bebo to hedge fund Criterion Capital Partners. AOL stated “CCP will assume the rights and complete operating control over the global social platform business.” One has to wonder just how much money AOL lost on this deal given Bebo cost AOL a...