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Article: AOL buys userplane to extend its hold onto chat world.(NEWS & ANALYSIS,America Online Inc.,Userplane.com )
- Article from:
- Los Angeles Business Journal
- Article date:
- August 21, 2006
- Author:
CopyrightCOPYRIGHT 2006 CBJ, L.P. 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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Will Los Angeles software firm Userplane.com be able to make a clean landing on the Internet aircraft carrier better known as America Online Inc.?
As AOL reconfigures with its shift from a subscription-driven to advertising-based business model, the company has made a move it hopes will increase the network's efficiency with its acquisition last week of Userplane.com.
"We provide more-or-less 'white label' services for large and small online communities that use an IM (instant messaging) and chat platform," said Mike Jones, chief executive for Userplane.com.
Neither company would disclose terms, but an insider described the price as "in the ...