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AOL
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AOL, L.L.C. (formerly known as America Online) is an American global Internet services and media company operated by Time Warner. It is headquartered at 770 Broadway in Midtown Manhattan, New York City."." AOL. Retrieved on May 7, 2009."GoldfarbHQMove">Goldfarb, Zachary and Sam Diaz. "." The Washington Post. Tuesday September 18, 2007. . Retrieved on May 7, 2009. Founded in 1983 as Quantum Computer Services, it has franchised its services to companies in several nations around the world or set up international versions of its services.
AOL is best known for its online software suite, also called AOL, that allowed millions of customers around the world to access the worlds largest "walled garden" online community and eventually reach out to the internet as a whole. At its zenith, AOLs membership was over 30 million members worldwide,"lessbemore"> most of whom accessed the AOL service through the AOL software suite.
On May 28, 2009, Time Warner announced that it would spin off AOL into a separate public company, which is scheduled to occur on December 9, 2009"" Retrieved on November 16, 2009. , ending the 8 year relationship between the two companies."." Retrieved on May 28, 2009.
Description
With regional branches around the world, the former American "goliath among Internet service providers""lessbemore" /> once had more than 30 million subscribers"lessbemore" /> on several continents.
In January 2000, AOL and Time Warner announced plans to merge. The terms of the deal negotiated called for AOL shareholders to own 55% of the new, combined company. The deal closed on January 11, 2001 after receiving regulatory approval from the FTC, the FCC and the European Union.
America Online, Inc., as the company was then called, was led by executives from AOL, SBI and Time Warner. Gerald Levin, who had served as CEO of Time Warner, was C read more at » http://en.wikipedia.org/wiki/AOL