America OnlineJames BarksdaleMarc AndreessenNetscape Communications Corp.Acquisition

Netscape acquisition

24 Dec, 1998

AOL announces it is acquiring Netscape Communications Corp. for $4.2 billion. Andreessen is negotiating a position with the company after announcing a sabbatical. Netscape President/CEO Barksdale is joining AOL’s board of directors, but will not hold an operating role:

Netscape is doing this because it’s in the best interests of Netscape.

Add your comments below...