America Online, the world's largest online company, said on Thursday it had purchased online storage and backup company Xdrive for an undisclosed sum. The six-year-old, Santa Monica, California-based
Xdrive lets users store and back up computer files, music, pictures and videos on their computer servers, accessible to any Internet-connected computer. Online storage capabilities are expected to be
integrated into AOL's services.
Read the whole story at Reuters, August 4, 2005 »