AOL Sells Instant Messaging Service ICQ To DST For $187.5 ...
It's done. AOL has officially sold instant messaging service ICQ to Russian investor DST for $187.5 million. In a release, AOL CEO Tim Armstrong said “As AOL continues its turnaround effort, we’re fortunate to find a great home for ICQ with DST.” Rumors of ICQ's possible sale were first reported last November.
AOL Sells ICQ To DST -- FYI - Business Insider
"As AOL continues its turnaround effort, we're fortunate to find a great home for ICQ with DST. DST is a leading innovator in the Internet investment space and has a significant presence in the markets where ICQ is strong. Founded and run in Israel, ICQ has been a revolutionary company on the Internet.
AOL sells ICQ instant messaging to Russia's DST - Phys.org
AOL said Wednesday it has sold ICQ, the top instant messaging service in Russia, to Russian Internet company Digital Sky Technologies Limited (DST) for 187.5 million dollars.
DST Buys ICQ from AOL for $187.5 Million - news.softpedia.com
AOL has seen better days and, as its efforts to turn around don’t seem to be paying off, it has one less headache to worry about. The company ...
DST acquires AOL's ICQ for $187.5 million | VatorNews
DST acquires AOL's ICQ for $187.5 million. As AOL reports significant financial losses for Q1 of 2010, it sells off instant messaging service by Chris Caceres on April 28, 2010
Google, DST Make Play for Aol's ICQ | Seeking Alpha
A number of companies are pursuing AOL’s ICQ instant messaging product, we’re hearing. Russian press is saying Digital Sky Technologies (DST)
Russian Investor, DST Acquires ICQ from AOL | Architect ...
Founded in 1996, ICQ was part of Tel-Aviv-based Mirabilis. ICQ originally received funding from ARTE Venture Group and Shalom Management. Buyer Description. Digital Sky Technologies (DST) is a Russia-based investment firm. DST’s portfolio is focused on mobile-and-internet-based companies that have reached large Russian-speaking audiences.
AOL Talks to Russia's DST Over ICQ - WSJ
AOL Inc. is in talks to sell its ICQ instant-messaging service to Russian Internet-investment group Digital Sky Technologies, according to people familiar with the matter. Discussions between AOL and the prominent Facebook investor are still in the early stages, and AOL has reached out to other parties as well, according to a person familiar with the talks.
Russia's Digital Sky Technologies continues push into ...
Digital Sky Technologies (DST), a Russia-based venture capital firm, has acquired AOL's ICQ instant-messenger platform for $187.5 million, the companies announced on Wednesday. ICQ was originally founded in 1996. It was acquired by AOL in 1998 for $400 million.
AOL Sells ICQ to Digital Sky Technologies - Mashable
“As AOL continues its turnaround effort, we’re fortunate to find a great home for ICQ with DST,” said Tim Armstrong, Chairman and Chief Executive Officer of AOL. “DST is a leading innovator in the Internet investment space and has a significant presence in the markets where ICQ is strong.