Monday, August 08, 2005

AOL purchases wireless company Wildseed Ltd.

Via Reuters.

America Online, the world's largest Internet provider, has purchased a privately held wireless technology company as part of its initiative to more quickly get AOL service onto phones and other wireless devices, the company plans to announce Monday.

It purchased Wildseed Ltd., a privately held company founded by Microsoft Corp. veteran G. Eric Engstrom, who co-invented Microsoft's DirectX multimedia and games technology.

Financial terms were not disclosed.

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