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

ViewSonic presents eye-caring 25-inch monitors

ViewSonic presents eye-caring 25-inch monitors

The desktop monitor manufacturer ViewSonic has presented two new monitors that come with some health benefits for the end users. The new company products are called VX2573-sg and VX2573-shw and they offer gold-and black and silver-and-white color combinations, respectively. The new monitors...

OCZ Introduces Summit Series SSDs

OCZ Technology Group, Inc., a worldwide leader in innovative, ultra-high performance and high reliability memory and computer components,  released the highly anticipated Summit Series 2.5" Solid State Drives, tailored to meet the stringent demands of business professionals, enthusiasts, and...

Dumb Ways to Die – fight for your life!

Dumb Ways to Die is an application that has been around the top 10 free Android apps on Google Play for quite some time although lately it has been falling behind. It is a simple but fun game where you must try to keep some adorable but very dumb characters from dying in painful and...

Leave a comment