AOL is preparing the sale of ICQ

AOL-ICQMore messaging news coming recently…AOL corporation has hired two investment banks to sell its division that deals with the chat service ICQ, said blog All Things Digital. Morgan Stanley and Allen & Co. will have the task of ensuring maximum revenue for AOL. ICQ is now the subject of interest by two large companies outside the United States.

AOL company acquired the ICQ software 11 years ago for the sum of 287 million dollars,  It was part of an Tel Aviv, Israel, start-up called Mirabilis. Now AOL  estimated $ 300 million for ICQ service.

ICQ-logo

ICQ monthly audience estimated at 40-50 million active users. Most of them are in Germany, Russia, Israel, Ukraine, Bulgaria and other small countries. Next month, AOL will be split with Time Warner. The company is a way ahead of its restructuring to reduce costs, including redundancies of  large part of the staff. According to information at the time, AOL will release 2500 employees. It is also expected to sell the company and social network Bebo, bought last year for 850 million dollars.

Related posts

A-DATA ships NH01 USB 3.0 portable hard drive

A-DATA Technology Co., Ltd., the worldwide leader in DRAM memory and Flash application products, announced the shipment of NH01, the first 2.5-inch portable hard drive equipped with the latest USB 3.0 interface, following its debut at CES back in January. Adopting the new generation of USB 3.0...

First pictures of GeForce GTX 780 and GTX 770

The rumored GeForce GTX 780 and GeForce GTX 770 graphics cards seem to be real and ready to go as first pictures of the upcoming new graphics cards by NVIDIA have been released on the Internet thanks to Chiphell.com. The first pictures of the GTX 780 and GTX 770 reveal...

Windows 10 may not come to you on July 29

Windows 10 may not come to you on July 29

Fans of the Windows operating system have been eagerly awaiting July 29, which is the day when Windows 10 is set to arrive. Unfortunately it seems that millions of people will get the new OS a bit later. The thing is that Microsoft will roll out Windows 10 on July 29 and will do that in...

Leave a comment