AOL May Acquire KickApps For $90 Million

Posted Mar 14, 2008

AOL LLC may be looking to pick up another social networking-related company in the next few weeks.  Rumor sources are saying that AOL is now looking to pick up KickApps at a price roughly around $90 million.  Yesterday, AOL announced that they would be acquiring Bebo, a top social network, for $850 million.  AOL’s Vice President of Business Development and General Counsel, Ira Parker and KickApps Founder, Eric Alterman are speculated to be discussing the deal. 

KickApps is essentially a platform that allows users to build promotional tools through the use of widgets, social networks, message boards, etc.  Customers of KickApps include ABC, The CW, and VIBE.  Below is an overview of KickApps 3.0:

AOL is owned by Time Warner and is located in Virginia with offices all over the world.  KickApps is also in New York and started in 2005.

[Information Source: TechCrunch & AllThingsD]