Yahoo to Exclusively Represent Netlog

Just a week after announcing that they will support OpenSocial, European social network Netlog has announced that Yahoo will market the service in Europe. The deal is an exclusive one in Germany and Netlog is Yahoo’s first network partner in Germany. Financial terms of the deal were not disclosed.

Comscore reports that Netlog’s services reach 1.3 million unique users, who spend an average of 177 minutes on its sites and reach a total of 676 million page views per month.

Could this be a replacement for Bebo which may leave Yahoo now that AOL has acquired the social network. And more importantly, could this be the first step towards a Yahoo acquisition?