AOL acquisition of personal files online social networking site only 4 days


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December 21st news, according to foreign media reports, AOL on Monday announced the acquisition of personal archives social networking site, just 4 days away from the line, the two sides did not disclose the purchase price. provides tools for users to create rich and colorful personal profile pages, users can connect or introduce in other social media content, detailed information of the users will be placed in a site, its rival in September to allow visitors to apply for accounts, officially opened in December 16th. co-founder Toni · Conrad (Tony Conrad) and the team will enter the Brad · Moorhouse (Brad Garlinghouse) Edgar AOL consumer application department leadership. services will also continue to run completely.

2008, Conrad sold his former company Sphere to AOL, the price is estimated at $25 million. AOL Investment Department AOL Ventures had also participated in the $425 thousand angel investment.

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