US-based America Online (AOL) is planning
to set up a software development centre in Bangalore, with an initial
investment of $1 million.
The centre would be set up by AOL’s
subsidiary, Netscape
Communications India Pvt Ltd. It would have 25 employees initially.
AOL, a division
of AOL-Time Warner, offers products and services in interactive space, web
brands, Internet technologies and electronic commerce services.