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Article: AOL Acquires Truveo, Inc.; AOL Extends Leadership in Video Search with Addition of Truveo's Next-Generation ''Visual Crawler'' Technology.
- Article from:
- Business Wire
- Article date:
- January 10, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DULLES, Va. -- Truveo's Real-Time Video Index Provides Consumers with Access to the Most Popular, Breaking Video on the Web
Online consumers seeking the best video search engine will now find it on the leading free portal on the web - AOL.com (http://aol.com/video). Internet video search pioneer Truveo, Inc. has been acquired by America Online, Inc., solidifying AOL's leadership position as the premier destination for a full suite of video and search services.
AOL's acquisition agreement with Truveo was signed and closed on December 21, 2005. Financial terms were not disclosed. Truveo was previously privately held, and financed by strategic venture and ...