AOL, an involuntary charity

Is there another Web company that has managed to lose so much money through mergers or acquisitions?
AOL is America On Line, but it is also sometimes described as Another Old Loser.

Activities

AOL provides a software suite to access Web services. Leading provider of Internet access a time, she became a media company, providing services and news with online software ..

She owned a time 30 million registered members, there are now five million.

AOL and Times Warner

According to the New York Times in May 2009, the merger with Times Warner was one of the largest bankruptcies of all time in the field of mergers and acquisitions.

The two companies together worth $ 300 billion before the merger. After falling stocks they were worth only 40 and since the separation of the two entities (December 9, 2009) Times Warner AOL is 19.7 billion worth and AOL 2.4 billion (June 2010).

AOL and Netscape

AOL bought the Netscape site for 4.2 billion dollars. It would collect 1 billion license fee. The browser was already open source and programmers forked it to make Mozilla and Firefox.

Netscape was one of the most visited sites on the Web, there is nothing left. The domain is now redirected to the site of AOL.

AOL and Bebo

Bebo is a social networking site similar to Facebook, intended rather for teenagers and very popular in Great Britain.

Steve Case is the former CEO of AOL. He published this post on Twitter:

It is true that Bebo had lost 50% of its audience and those things are likely to continue in the same direction.

AOL Sites

Sold and closures

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