America Online, Inc. Acquires Wildseed, Ltd.
Announces Formation of Expanded AOL Wireless Group and Updates
Mobile Strategy to Address Expanding Sector Opportunity
Dulles, Virginia - Monday, August 8, 2005 - America Online, Inc.,
the world's leading interactive services company, today announced
that it has increased its
investment in the wireless
services sector by acquiring Wildseed, Ltd. - a leading provider
of advanced wireless technologies - and also by forming an
expanded AOL Wireless group.
Financial terms of the deal were not disclosed. The company was
previously privately held.
Laptop Battery Wildseed was founded in June 2000 and is based in Kirkland,
Washington, with offices in London, UK. The company is best known
for its SmartSkin? interactive accessories, which ran on its debut
product, the Curitel Identity? handset. Wildseed's critically
acclaimed technologies provide the industry's richest mobile
Linux-based Operating System solution which includes support for
Game Boy? Advanced style games, MP3 and Video playback, remote
device management, and a fully 'skinnable' User Interface for
delivering both branded and themed user experiences. Many of the
components that form Wildseed's mobile Linux solution can be sold
separately to non-Linux based feature phones.
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Thinkpad "Data-related mobile technologies are on the cusp of mainstream
adoption. We see it everyday in the explosive growth of our mobile
AIM traffic. The wireless industry is focused on bringing
additional rich media experiences and a new generation of
interactive services to the mobile consumer, and we are committed
to being a leader in that arena," said John McKinley, Chief
Technology Officer and President, Digital Services, America Online,
Inc. "With the combination of Tegic and Wildseed, we can offer our
carrier and OEM partners the best-in-class platform they need to
deliver these rich and engaging mobile experiences and help drive
innovation and growth in the industry."
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Microsoft The expanded AOL Wireless division, which encompasses the AOL
Mobile, Tegic and Wildseed groups, will speed the delivery of
community and convenience to mobile users with an array of software
solutions, communications and content services supported by the top
wireless carriers and handset manufacturers.
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Laptop Computers AOL Wireless will be led by Craig Eisler, General
Manager & Senior Vice
President, AOL Wireless, America Online, Inc. Wildseed employees
and operations will be integrated into AOL's current Seattle
offices and Wildseed's CEO Eric Engstrom will become AOL
Wireless' Senior Vice President, Wireless Products.
year career in sales and marketing with Hewlett Packard and Apollo Computer. He is a graduate of MIT with a bachelor's degree in electrical engineering and computer science and has an MBA from the Harvard Business School. Bill is currently on the boards of Lumigent, Red Hat, and WildTangent. He previously served on the boards of Alias Research (acquired by SGI), Avid Technology, CheckFree, Clarus, Course Technology (acquired by Thomson), Gateway Design Automation (acquired by Cadence), Mainspring Communications (acquired by IBM), MapInfo, Open Market (acquired by divine), Raptor Systems (acquired by Axent, now part of Symantec), Reflectent (acquired by Citrix), SightPath (acquired by Cisco), Spyglass (acquired by Open TV), Student Advantage and Tenth Planet (now part of Mattel).
Laptop Computer "Wildseed's advanced technologies will help AOL enhance the
value of its wireless properties, and speed the development and
deployment of new applications and solutions that address the wants
and needs of consumers and carriers," said Craig Eisler. "We are
extremely excited to welcome the Wildseed team into AOL Wireless
and look forward to working with our carrier and OEM partners to
deliver innovative services and must-have content to their
subscribers."
"Computer industry analysts estimate that some 60 percent of all corporate data exists only on desktop and laptop computers, " said Walter Scott, CEO of Acronis. "Incorporating Acronis True Image with New Mexico Software backup server is the ideal solution to capture that corporate data and ensure that it is not lost. While traditional server backups are effective for protecting server data, every company should have a combination of server and workstation backup plans."
Desktop Computer Wildseed has been recognized by the industry for its unique and
cutting-edge technology. Accolades include: 2004 and 2005 Consumer
Electronics Show (CES) Design and Engineering Showcase Award
honoree; TechTV's 2003 Best of CES Finalist; Andrew Seybold's
Outlook 4Mobility 2002 Innovation Award at Comdex.
Notebooks The Wildseed transaction is AOL's second major corporate
acquisition in 2005 - since AOL's purchase of Xdrive, Inc. was
announced last week. AOL also acquired Mailblocks, Inc. and
Advertising.com in the
summer of 2004.
Lenovo For more information on Wildseed, Ltd., please visit
www.wildseed.com. Wildseed and the Wildseed corporate logo are
trademarks of Wildseed, Ltd.
Hard Drive
About America Online, Inc. America Online, Inc. is a wholly owned
subsidiary of Time Warner Inc. (NYSE: TWX). Based in Dulles,
Virginia, America Online is the world's leader in interactive
services, Web brands, Internet technologies and e-commerce
services.
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