May 12, 1996: Prodigy Takeover from IBM

Prodigy

May 12, 1996: Prodigy is taken over by Prodigy Management

1996 – IBM and Sears and Roebuck lose Prodigy due to takeover. They sell their interests to a group of investors – led by Prodigy Management: founders of Boston Technology and International Wireless.  Ed Bennett, CEO of Prodigy takes the lead in this acquisition. Carlos Slim Helu – Owner of Telmex – then provided Internet access for Mexico and Latin America.Ultimately, Prodigy went public in 1999 and stayed that way until bought out by SBC (AT&T).

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Jeffrey Powers @geekazine

I love tech history. I enjoy how we evolved from computers that fill a room to computers we wear on our bodies. I have put a full archive of tech history together at Wikazine. You can also talk history at Google +. I am also a podcaster and V-caster at Geekazine and a Podcast Coach at How to Record Podcasts. You can also sign up for a Helpout

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