First reported over the weekend, the deal between Netscape and AOL is a stock-for-stock, pooling-of-interests transaction and will give Netscape shareholders 0.45 shares of AOL common stock for each share they hold.It is expected to close in the spring of 1999, subject to regulatory and shareholder approval.A few years ago, my husband and I were invited to a Thanksgiving weekend party with friends. He murmured thanks and tried to hold me, but I pushed him away.
When Netscape was an independent company, its headquarters were in Mountain View, California.
Platforms are market structures that bring together complementary partners.
Think e Bay, which pairs buyers and sellers online, or credit cards, which similarly connect consumers and the companies with which they want to do business.
America Online, the largest Internet access service, said today it will acquire Netscape Communications in a deal valued at .2 billion.
AOL also said it has entered into a three-year strategic development and marketing alliance with Sun Microsystems, in a move to enhance its delivery of e-commerce solutions.