M&A Deal Summary

AOL Acquires Netscape Communications

On November 24, 1998, AOL acquired marketing company Netscape Communications for 4.2B USD

Acquisition Highlights
  • This is AOL’s 1st transaction in the Marketing sector.
  • This is AOL’s 2nd largest (disclosed) transaction.
  • This is AOL’s 9th transaction in the United States.
  • This is AOL’s 4th transaction in California.

M&A Deal Summary
Date 1998-11-24
Target Netscape Communications
Sector Marketing
Buyer(s) AOL
Deal Type Add-on Acquisition
Deal Value 4.2B USD

Target

Netscape Communications

Mountain View, California, United States
Netscape Communications Corporation offers development, marketing, sale, and support of enterprise software solutions.

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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 9 of 64
Sector (Marketing) 1 of 4
Type (Add-on Acquisition) 6 of 58
State (California) 4 of 24
Country (United States) 9 of 58
Year (1998) 3 of 3
Size (of disclosed) 2 of 24
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-06-08 ICQ

Dulles, Virginia, United States

ICQ is the leading instant messaging service in Russia and a number of other international markets. Available in 16 languages, ICQ has more than 32 million unique visitors per month. Approximately 80 percent of ICQ users are between the ages of 13 and 29 and spend an average of more than five hours a day connected to the service, according to internal data. ICQ has built a successful presence in markets like Russia, Germany, Czech Republic and Israel.

Buy $287M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-05-01 MovieFone

White Plains, New York, United States

Moviefone it provides online movie and tv streaming shows.

Buy $525M
Mergr

Product

Company

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