America Online said it would buy wireless technology shop Wildseed.
America Online also set plans to expand its AOL Wireless group.
Terms of the Wildseed deal weren't disclosed, but AOL said the Kirkland, Wash., company "is best known for its SmartSkin interactive accessories, which ran on its debut product, the Curitel Identity handset." Wildseed products run a Linux-based operating system.
AOL Wireless will be led by Craig Eisler, an AOL general manager and senior vice president. Wildseed's CEO, Eric Engstrom, will become AOL Wireless' senior vice president, wireless products.
Early Monday, Time Warner slipped 6 cents to $18.09.