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Mar 20, 2024 · The company still sells dial-up internet access to a few thousand customers, with 1.5 million more paying for AOL’s technical support and identity theft protection plan known as AOL Advantage. Key takeaways:
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On June 23, 2015, AOL was acquired by Verizon Communications for $4.4 billion. [5][6] On May 3, 2021, Verizon announced it would sell Yahoo and AOL to private equity firm Apollo Global Management for $5 billion. [7] On September 1, 2021, AOL became part of the new Yahoo! Inc.
Sep 13, 2022 · Despite AOL continually pushing new products over the years, in 2005, Google—the new king of the internet hill—announced plans to buy a stake in AOL. In an effort to shore up their business, AOL began giving away email accounts, free storage, and custom domain names to non-AOL customers.
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Jul 28, 2020 · What happened to AOL post-merger? AOL’s value plummeted to about $5.5 BN and was now an independent company. But, at least, it had a clear target: content. Armstrong showed no signs of slowing down. But his tenure was chaotic. In 2009, AOL bought Bebo, a social network, for $850 million dollars.
Jan 10, 2000 · A decade ago, America Online merged with Time Warner in a deal valued at a stunning $350 billion. It was then, and is now, the largest merger in American business history. The Internet,...
May 3, 2021 · Two pioneering web services of the internet age, Yahoo and AOL, have been sold again after the latest owner failed to revive their fortunes. US telecoms giant Verizon is selling its media assets,...
Aug 15, 2019 · A disastrous merger with Time Warner in 2000 was unwound in 2009. Along the way, AOL tried but failed to buy Facebook, YouTube and a minority stake in Chinese internet company Tencent....
