March 17, 1999: AOL Finishes Acquisition of Netscape
1999– America Online(AOL) completes the acquisition of Netscape Communications Corporation. The acquisition started in Nov. 24, 1998. The acquisition was a $10 million arrangement in stock and cash.Marc Andreessen and Jim Clark were the founders of Netscape. The Netscape browser would be discontinued in December 2007, and ultimately end support on March 1, 2008.
Wikazine – Full show notes for March 17
- Apple files suit to Microsoft and HP
- Office 97 Small Business Edition is released
- Tim Paterson contacts Microsoft on intent to sell MS-DOS