AOL Japan to transfer Net business to eAccess

[Hachiko]

America Online Inc. of the United States will effectively withdraw from Internet connection services in Japan as its wholly owned Japanese subsidiary decided to turn over its business to a Tokyo firm, the subsidiary said Monday.
AOL Japan Inc. said it will turn over its Internet connection service division June 30 to eAccess Ltd., a provider of asymmetrical digital subscriber line services.

Under the 2.1 billion yen deal, all of AOL Japan's facilities and assets associated with its Web hookup service as well as all its 200 employees will be transferred to eAccess, the company said.

Japan Times