THE VIRGINIAN-PILOT Copyright (c) 1994, Landmark Communications, Inc. DATE: Thursday, November 10, 1994 TAG: 9411110900 SECTION: BUSINESS PAGE: D01 EDITION: FINAL SOURCE: From staff reports LENGTH: Short : 20 lines
America Online Inc. said that it has agreed to acquire two Internet companies, BookLink Technologies Inc. and NaviSoft Inc. The move is expected to strengthen America Online's strategic initiative in popularizing the Internet for publishers as well as for consumers. In addition, David C. Cole, Chairman and CEO of NaviSoft, has been named president of America Online's Internet Services Company. The BookLink and NaviSoft companies will form the nucleus of AOL's Internet Services Company. by CNB