M&A Deal Summary

EarthLink Acquires Mindspring Enterprises

On September 23, 1999, EarthLink acquired information technology company Mindspring Enterprises for 1.7B USD

Acquisition Highlights
  • This is EarthLink’s 1st transaction in the Information Technology sector.
  • This is EarthLink’s largest (disclosed) transaction.
  • This is EarthLink’s 1st transaction in the United States.
  • This is EarthLink’s 1st transaction in Georgia.

M&A Deal Summary

Date 1999-09-23
Target Mindspring Enterprises
Sector Information Technology
Buyer(s) EarthLink
Deal Type Merger
Deal Value 1.7B USD

Target

Mindspring Enterprises

Atlanta, Georgia, United States
MindSpring Enterprises Inc. was an internet services provider based in Atlanta, Georgia.

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Buyer(S) 1

Buyer

EarthLink

Atlanta, Georgia, United States

website


Category Company
Founded 1994
Sector Communications
Employees2,144
Revenue 1.1B USD (2015)
DESCRIPTION
Earthlink's headquarters in Atlanta, Georgia.
Earthlink's headquarters in Atlanta, Georgia.

EarthLink provides internet access, premium email, web hosting, and privacy and data security products and services throughout the United States. EarthLink also has key partner relationships with several of the industry’s largest providers, enabling the Company to offer products and connectivity services available to millions of households nationwide. EarthLink was formed in 1994 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 1 of 21
Sector (Information Technology) 1 of 9
Type (Merger) 1 of 1
State (Georgia) 1 of 6
Country (United States) 1 of 21
Year (1999) 1 of 1
Size (of disclosed) 1 of 8
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-06-08 OneMain.com

Reston,, Virginia, United States

OneMain.com is "your hometown Internet." With more than 762,000 subscribers, OneMain.com is one of the major independent Internet service providers in the country. OneMain.com provides Internet access, services and local content throughout the United States to individuals and businesses predominantly located in smaller metropolitan markets and rural communities.

Buy $308M