– AOL Inc. (America Online) is an American global Internet services and media company.
NYSE Ticker: AOL
AOL began as a short-lived venture called Control Video Corporation (or CVC), founded by Bill von Meister.
Its sole product was an online service called GameLine for the Atari 2600 video game console after von Meister’s idea of buying music on demand was rejected by Warner Brothers. GameLine permitted subscribers to temporarily download games and keep track of high scores, at a cost of $1 per game. The telephone disconnected and the downloaded game would remain in GameLine’s Master Module and playable until the user turned off the console or downloaded another game.
The original technical team was composed of Marc Seriff, Tom Ralston, Ken Huntsman, Janet Hunter, Dave Brown, Steve Trus, Ray Heinrich, Craig Dykstra, and Doug Coward.
With regional branches around the world, it was the former American “goliath among Internet service providers”.
AOL History: Company Name ->Control Video Corporation>>Quantum Computer Services, Inc.>>America Online.
*In September 1993, AOL added USENET access to its features. This is commonly referred to as the “Eternal September”.
* When AOL decreased their service prices, connections would be flooded with users trying to get on, and many canceled their accounts due to constant busy signals .This was often joked “AOL” standing for “Always Off-Line”
*In 2001, when AOL had merged with Time Warner, it was called AOL Time Warner, Inc.
*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.
*TechCrunch and Huffington Post are its recent acquisitions.
* AOL presently has no fixed number of official logos.
* AOL had acquired Bebo.com – a social networking site in 2008 , which they later sold to Criterion Capital Partners in 2010
*AOL History of logos is shown below.
*Its popular recruitment ad is shown below: