Company Overview

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Founded:
May 24, 1985
Founders:
Steve Case
Employees:
8,000
Headquarters:
New York, NY
IPO:
Went Public on Dec 10, 2009
Stock:
AOL
Categories:
Advertising Platforms, Content Creators, Digital Media, News
Description:
AOL is a Brand company committed to innovating, growing and investing in brands and experiences that inform, entertain and connect the world

Detailed Description

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AOL is a global advertising-supported Web company, with display advertising network in the U.S., a substantial worldwide audience, and a suite of popular Web brands and products.

The company's strategy focuses on increasing the scale and sophistication of its advertising platform and growing the size and engagement of its global online audience through leading products and programming.

History of Aol:

AOL was founded in the early 1980's as Control Video Corp, with an online service, Gameline, for the Atari 2600 console. In 1985 the company was re-named Quantum Computer Services and was the first online service launched for the Commodore 64 and 128 consoles. In 1988, the company created an online service for the PC and changed its name to AOL (America Online), becoming over the next decade the premier Online access subscription business, at one point having almost 25MM subscribers.

AOL originally went public in 1992 and grew to become the largest online access and portal company on the Web. In 2000, AOL acquired Time Warner for $160B+ in what was then considered to be the largest M&A transaction, and the company was re-named AOL Time Warner. The merger was not fruitful and on May 28, 2009, Time Warner announced that it would spin off AOL into a separate public company. The spinoff occurred on December 9, 2009, ending the eight-year relationship between the two companies.

Since then, AOL has focused on reinventing itself as a brand company under the guidance of CEO Tim Armstrong, creating and acquiring a range of content properties. Major acquisitions include the purchase of technology news blog TechCrunch in September 2010, and on March 7, 2011, the purchase of The Huffington Post. Other AOL brands include Moviefone, Engadget, Patch, Stylelist, MapQuest, Cambio and about.me.

Current Team (68)

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Past Team (391)

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Funding Rounds (1) - $1B

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Investments (6)

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Board Members and Advisors (10)

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Sub Organizations (1)

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Products (7)

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  • D846e633705e5abdc6c8bf8cd1d864da

    Propeller

    Propeller is a user-driven social content site, similar to Digg. It was first launched in June...
  • 80aac39ce7a2be63fb83177801fc75a9

    AOL Radio iPhone App

    AOL Radio powered by Slacker features limited audio commercials, improved stability, new features...
  • 9e0bbad0be3de6c6a10297b7617780ed

    AIM iphone App

    The Aim iPhone App allows you to send and recieve messages of WiFI, EDGE, or 3G networks.
  • Ec1mpozfvtlmqxvasq8u

    KitchenDaily.com

    KitchenDaily is a food website launched March 2010 designed to help busy home cooks put easy and...
  • 44cdcd1cf8503a5896111a6657db4e0b

    Xdrive

    Xdrive is an online file storage provided by AOL. For each user, AOL provides 5 GB of free online...
  • Bqzzumn77jznhoozqso2

    myAOL

    myAOL was added to CrunchBase in 2010
  • A48d6dfc6e09b1dd900d8a29306b2d37

    Seed

    Seed is AOL's content management platform. The group assigns, buys and distributes content...

Acquisitions (63)

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Investors (1)

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  • B0c6a0f48fe6f70ac1fd618d81a16595

    Google

    Google is a search and advertising service provider that aims to organize and monetize the...

Offices/Locations (1)

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  • HQ

    770 Broadway

    New York, NY 10003

    USA

Competitors (4)

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  • 69d2d371d761c86525b2e40305fa3038

    Internet.com

    Tech Content Network
  • C187156ec70bbfdaa955acbb559c3389

    Yahoo!

    Yahoo! is a multinational internet corporation that offers a web portal, search engine, e-mail...
  • 784eb6800d9083449fe0ae088cff4057

    Facebook

    Facebook is an online social networking service that allows users to connect with friends and...
  • Fbiumakm20pkuho87bsq

    MySpace

    MySpace is a social networking site that enables members to make friends, write blog posts, add...

Images (1)

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  • Fcf0b5f1642bf49dbd93ca627a54efea