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Another Acquisition for AOL: Thing Labs

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Uploaded by on Sep 29, 2010

After a day of announcing acquisitions like TechCrunch, AOL (NYSE:AOL) has acquired the social software start-up Thing Labs, Inc. Jason Shellen, CEO of Thing Labs said, "AIM, Lifestream and Brizzly are really complementary and we can't wait to begin exploring how we can combine and enhance them to improve AIM and Lifestream, AOL and Thing Labs share a creative vision that the Web should be fun, effortless, inspiring and trusted." AOL closed 2.68 percent higher at $24.15.

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