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AOL

AOL

AOL, formerly known as America Online, is an internet-access subscription service company in the United States. Founded in 1989, AOL is known for providing a range of web services, with email being one of its most popular offerings. The company was one of the first to establish a strong sense of community among its users through buddy lists and instant messaging services, which transmit billions of messages daily. In addition to email, AOL offers services such as AOL Instant Messenger, AOL Video, news, sports, weather, stock quotes, and MapQuest. The company's revenue from its advertising program is one of the largest and most successful of its kind. The company also acquired The Huffington Post and formed The Huffington Post Media Group. AOL's global coverage spans Europe, Asia-Pacific, and the Americas, and it has received numerous awards for philanthropic initiatives.

AOL Inc.

Headquarters 25 miles northwest of downtown
Founder(s) Dave Brown
Incorporation Date May 1997
Official Website www.aol.com

To Know More

www.aol.com

AOL was formerly famous as AOL Inc. and initially, it was known by the name America Online. AOL is an American service provider and web portal. Its headquarters is located at 770 Broadway, New York City, United States. It is marketed by the current incarnation of Yahoo! Inc., a company. The traces of its history are linked to PlayNET, an online service provider between 1984 to 1987. The software of PlayNET was licensed to Quantum Link (Q-Link), which went online in the year 1985 in November. After that, in 1988, another  IBM PC client was launched, and eventually, it was named America Online in 1989.

Highlights of AOL Company

  • The AOL founders are Marc Seriff, Steve Case, Jim Kimsey, and William von Meister. 
  • Its headquarters is located at 770 Broadway, New York City, United States. 
  • This company was founded in 1983.
  • Its parent company is Yahoo! Inc.

Products/ Services

Here are the products/services AOL company provides.

  • AOL Mobile
  • AOL Instant Messenger
  • AOL News
  • AOL Local
  • Xdrive
  • AOL news
  • AOL Video
  • AOL My address

History

AOL was established in 1983, but it became a short-lived venture. It was initially called Control Video Corporation (CVC) and was founded by William von Meister. At that time, it was used to provide an online service called GameLine which was a console for the Atari 2600.

Steve Case was appointed in January 1983 as a marketing consultant for Control Video. In the same year, Jim Kimsey was made the manufacturing consultant for Control Video; at that time, it was near bankruptcy. Online services company Quantum Computer Services was founded in 1985. This company was created by the remains of Control Video. After Kismsey retired in 1991, Case took the position of CEO.

In February 1991, using the Geowork AOL for DOS was launched, and after that, AOL for Windows. During the early 1990s, the cost of the subscription was $35, and on average, it used to last for about 25 months. Modem owners were invited by the Advertisements to "Try America Online FREE." It was to offer free trial membership and software.

WebCrawler was purchased by AOL in 1995, and in the same year, it was sold to Excite. In March 1997, its own search engine NetFind was launched by the company. After that, in 1999, it was renamed AOL Search. After that, the company announced in 2006 that it would leave the name America Online and it became AOL. In the same year, it will start offering the email account and software. This service was previously available only for the customer that used to pay. On November 16, 2006, Randy Falco became the CEO of the company.

In the year 2008, this company acquired the social networking site Bebo. However, in the year, the company revealed that it was planning to shutter or sell the Bebo. AOL acquired the virtual reality studio RYOT in 2016. AOL acquired Verizon with Yahoo and formed a new company "Oath Inc." However, in 2019 it was rebranded and given the name Verizon Media. As of now, around 5,600 employees are working in this company.

Frequently Asked Questions (FAQs)

Currently, AOL is not considered a Fortune 500 company. However, at one time, it was one of the prominent internet companies; it used to belong to the Fortune 500 company. The company is still working great in terms of revenue. Additionally, it is also considered one of the top companies in the United States.

Yes, AOL is older than Yahoo. AOL was founded in 1985, while Yahoo was established in 1995. However, both companies are top companies for their products and services. They started to grow when web use was on the rise. Now, Yahoo! Inc. is the parent company of AOL.

AOL is one of the most suitable companies to work for. The company has got positive reviews and excellent ratings for the working environment. This company became a public company in 1992. Now, in the company approximately 5, 600 employees are working.

AOL Antivirus Knowledgebase

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