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AOL News

AOL Inc.
Formerly called
Control Video Corporation (1983–85)
Quantum Computer Services (1985–91)
America Online (1991–2009)
Subsidiary
Industry Media
Web search engine
Computer software
Technology
Founded 1983; 34 years ago (1983) (as Control Video Corporation)
2009 (as AOL Inc.)
Founders
Headquarters 770 Broadway
New York, NY 10003
Area served
Worldwide
Key people
Tim Armstrong
(Chairman and CEO)
Services Online services
Number of employees
5,600
Parent AOL Time Warner (2000–06)
Verizon Communications (2015–present)
Website corp.aol.com
AOL Desktop
Developer(s) AOL
Stable release
9.8(Windows)
1.7 (macOS) / August 10, 2015
Preview release
11.0.522 / July 11, 2016
Written in C++
Operating system Microsoft Windows XP or later, Mac OS X 10.4.8 or later
Type Internet Suite
License Proprietary
Website daol.aol.com/software/desktop

AOL Inc. (simply known as AOL, originally known as America Online) is an American multinational mass media corporation based in New York, a subsidiary of Verizon Communications. The company owns and operates websites such as The Huffington Post, TechCrunch and Engadget, and spans digital distribution of content, products, and services, which it offers to consumers, publishers, and advertisers.

AOL was one of the early pioneers of the Internet in the mid-1990s, and the most recognized brand on the web in the U.S. It originally provided a dial-up service to millions of Americans, as well as providing a web portal, e-mail, instant messaging and later a web browser following its purchase of Netscape. At the height of its popularity, it purchased the media conglomerate Time Warner in the largest merger in U.S. history. AOL rapidly declined thereafter, partly due to the decline of dial-up to broadband. AOL was eventually spun off from Time Warner in 2009, with Tim Armstrong appointed the new CEO. Under his leadership, the company invested in media brands and advertising technologies.

On June 23, 2015, AOL was acquired by Verizon Communications for $4.4 billion, which turned it into a subsidiary. In the following months, AOL also made a deal with Microsoft and acquired several tech properties, including Millennial Media and Kanvas to bolster their mobile ad-tech capabilities.


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