M&A Deal Summary

AOL Acquires CompuServe - Information Services Division

On November 10, 1997, AOL acquired internet software and services company CompuServe - Information Services Division from CompuServe

Acquisition Highlights
  • This is AOL’s 6th transaction in the Internet Software and Services sector.
  • This is AOL’s 6th transaction in the United States.
  • This is AOL’s 1st transaction in Ohio.

M&A Deal Summary

Date 1997-11-10
Target CompuServe - Information Services Division
Sector Internet Software and Services
Buyer(s) AOL
Sellers(s) CompuServe
Deal Type Divestiture

Target

CompuServe - Information Services Division

Columbus, Ohio, United States
CompuServe's Information Services Division is a provider of internet access.

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Buyer(S) 1

Buyer

AOL

New York, New York, United States

Category Company
Founded 1985
Sector Internet Software and Services
Revenue 2.3B USD (2013)
DESCRIPTION
AOL office in Palo Alto, California.
AOL office in Palo Alto, California.

AOL is a media technology company that produces, distributes, and monetizes by connecting publishers with advertisers on its global, programmatic content and advertising platforms. AOL was formed in 1985 and is based in New York, New York.


DEAL STATS #
Overall 6 of 64
Sector: Internet Software and Services M&A 6 of 38
Type: Divestiture M&A Deals 2 of 4
State: Ohio M&A 1 of 1
Country: United States M&A 6 of 58
Year: 1997 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-11-25 Global Network Navigator

Berkeley, California, United States

Global Network Navigator, Inc. provides network navigation services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-01-26 Personal Library Software

United States

Personal Library Software (PLS), is a developer of information indexing and search technologies.

Buy -

Seller(S) 1

SELLER

CompuServe

Columbus, Ohio, United States

Category Company
Founded 1969
Sector Internet Software and Services
DESCRIPTION

CompuServe is a provider of internet connectivity for individuals and businesses. It was formed in 1969 and is based in Columbus, Ohio.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 1997 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1992-01-01 Micro Solutions

Dallas, Texas, United States

Micro Solutions is a reseller of local-area network and connectivity products.

Buy $5M