Planet Lowyat

The AOl company announced today that it has acquired Socialthing! FriendFeed Competitor company.

After the acquisition closes,AOL says that Socialthing will become a part of the company’s People Networks division. Currently, AOL’s People Networks division is made up of social platforms, like Bebo, AIM, ICQ, Goowy, and Yedda, that AOL believes, will lead the company’s online presence going forward.

The acquisition of Socialthing, which is still in private beta, strongly suggests AOL is trying to become a major player in the social networking space and attempting to capitalize on some of the fads of the day. In just the past few months,AOL acquired Bebo and launched a lifestreaming initiative within AIM that has pushed the company towards a more community-driven focus.
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