Feeds

AOL snaps up storage firm

Demand for home storage skyrocketing

  • alert
  • submit to reddit

5 things you didn’t know about cloud backup

AOL has acquired US-based storage outfit Xdrive to meet the "skyrocketing" demand from net users to save their music, pictures and video online.

Financial details concerning the acquisition of the privately-owned company were not disclosed.

Xdrive manages an online, centralised storage platform that gives subscribers access to all their digital assets. The California-based company also provides its subscribers with: storage safety and security; and automatic backup of a wide variety of digital assets - such as music, pictures, and video.

Said Gio Hunt, a bigwig at AOL Digital Services: "The digitisation of consumer home media is skyrocketing, with consumers and AOL members increasingly looking for easier ways to protect and manage a wide variety of important data files and digital media assets.

"Xdrive will further enhance AOL's consumer storage offerings to deliver a more safe and secure digital lifestyle for our members," he said.

The Xdrive transaction is AOL's first major corporate acquisition since Mailblocks and Advertising.com in the summer of 2004. ®

Related stories

AOL continues to lose punters
Time Warner to settle AOL legal claim
AOL does mobile search

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
So, Apple won't sell cheap kit? Prepare the iOS garden wall WRECKING BALL
It can throw the low cost race if it looks to the cloud
EE fails to apologise for HUGE T-Mobile outage that hit Brits on Friday
Customer: 'Please change your name to occasionally somewhere'
Time Warner Cable customers SQUEAL as US network goes offline
A rude awakening: North Americans greeted with outage drama
We need less U.S. in our WWW – Euro digital chief Steelie Neelie
EC moves to shift status quo at Internet Governance Forum
EE plonks 4G in UK Prime Minister's backyard
OK, his constituency. Brace yourself for EXTRA #selfies
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.