Has Bebo Been Bought for $1 Billion?

by Jarrett Martineau | February 13, 2008 at 03:58 am | 306 views | add comment

TechCrunch is spreading some big buck tech gossip by suggesting that the social network site Bebo.com has been (or is about to be) acquired for a cool billion dollars.

Following up to our post last week talking about a possible acquisition of social network site Bebo: A high level source has told us that Bebo has been in discussions via their investment bank, Allen & Co., with a number of potential buyers, and says that the company signed a deal on Monday to be acquired. The rumored price is $1 billion.

Speculations abound about who the buyer might be. TechCrunch has their money on Google, but they are also suggesting it could be: CBS, Viacom, or Comcast.

Is Bebo worth a billion?