New York, NY, February 4, 2008 – AOL today announced that it has acquired Goowy Media, Inc., a widget development and analytics tools company based in San Diego, Calif. Goowy will operate as a wholly owned subsidiary of AOL as part of the company’s Products division.

Founded in 2004, Goowy offers a technology platform and related analytics tools that facilitate widget creation, syndication and reporting. In addition, the platform also offers a widget-based advertising solution, which enables a dynamic ad unit that includes real time content and provides a rich media experience with greater interactivity than traditional online ads. The company also offers a consumer destination gallery (www.yourminis.com) that allows users to discover widgets for their blog, website, startpage or desktop.
(Full Press Release…)

AOL - http://corp.aol.com/
Goowy Media - http://www.goowymedia.com/