Aimtv Company

NetZero, Westlake Village, said it has signed an agreement to acquire AimTV in a stock-for-stock transaction involving approximately 1 million shares of NetZero stock. The acquisition, subject to various closing conditions, is expected to close by the end of the year. AimTV is a privately held company based in San Francisco that has developed technology to run broadcast-quality television commercials over narrow-band Internet connections.

NetZero, Westlake Village, said it has acquired AimTV in a stock-for-stock transaction of approximately 1 million shares of NetZero stock. AimTV has developed technology to transmit broadcast-quality television commercials over narrowband Internet connections. NetZero provides free Internet access and e-mail services to consumers in exchange for information enabling companies to target advertising to their markets.