AOL
From WE Computers Museum
AOL | |
Type | Subsidiary of Yahoo! Inc. |
---|---|
Founded | 1983 (Control Video Corporation) 1985 (Quantum Computer Services) 1991 (America Online) January 11, 2001 (AOL Time Warner) 2009 (AOL) |
Headquarters | New York City, New York, USA |
Key people | Marc Seriff, founder Steve Case, founder Jim Kimsey, founder William von Meister, founder |
Industry | internet service |
Products | internet service |
Number of people | 5,600 |
Website | https://www.aol.com/ |
AOL, a subsidiary of Yahoo! Inc., is a web portal and internet service provider.
Its internet suite is known as AOL Desktop.
Control Video Corporation
Control Video Corporation was founded in 1983.
Quantum Computer Services
Control Video Corporation was renamed Quantum Computer Services in 1985.
America Online
Quantum Computer Services was renamed America Online in 1991.
Time Warner merger
On January 11, 2001, Time Warner and AOL merged forming AOL Time Warner.
AOL was spun off from Time Warner in 2009.
Verizon aquisition
Verizon announced on May 12, 2015 its intention to purchase AOL. The acquisition cost was $4.4 billion USD.
Apollo Global Management aquisition
Verizon announced on May 3, 2021 that it would sell 90% of the Verizon Media division, including AOL, to Apollo Global Management for $5 billion USD. The division was renamed Yahoo! Inc.