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AOL Buys Xdrive Online Storage Service

August 8, 2005

AOL has acquired Xdrive, an online service that provides secure online storage for digital files. Xdrive members can also use the service to share files. News.com has more about the acquistion.
AOL said Xdrive would continue to serve existing customers. Xdrive manages an online storage platform that lets subscribers access and protect their digital assets, such as music and video, from any location. It offers users storage safety and security and automatic backup, AOL said.

Rival Internet companies are touting online storage offerings designed to let subscribers store anything they want in secure servers. AOL has also been showing interest in expanded storage for its members.


Posted on August 8, 2005





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