Feeds

AOL snaps up storage firm

Demand for home storage skyrocketing

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

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

Intelligent flash storage arrays

More from The Register

next story
Crouching tiger, FAST ASLEEP dragon: Smugglers can't shift iPhone 6s
China's grey market reports 'sluggish' sales of Apple mobe
Sea-Me-We 5 construction starts
New sub cable to go live 2016
EE coughs to BROKEN data usage metrics BLUNDER that short-changes customers
Carrier apologises for 'inflated' measurements cockup
Comcast: Help, help, FCC. Netflix and pals are EXTORTIONISTS
The others guys are being mean so therefore ... monopoly all good, yeah?
Surprise: if you work from home you need the Internet
Buffer-rage sends Aussies out to experience road rage
EE buys 58 Phones 4u stores for £2.5m after picking over carcass
Operator says it will safeguard 359 jobs, plans lick of paint
MOST iPhone strokers SPURN iOS 8: iOS 7 'un-updatening' in 5...4...
Guess they don't like our battery-draining update?
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.