Attention Marc Andreessen: Microsoft Just Bought (Part Of) Netscape
Here’s a deal that would have made many minds explode back in the 1990s: Microsoft is buying Netscape. Or at least, most of the important parts of the company that used to be synonymous with “Internet”.
AOL didn’t disclose the name of that subsidiary in its press release, but a person familiar with the transaction has clued me in: It’s Netscape.
Microsoft will buy the underlying patents for the old browser, but AOL will hang onto the brand, and the related Netscape businesses, which make up a grab-bag of stuff these days: An ISP, a URL, a brand name, etc.
All of which probably makes sense on someone’s ledger books. But the transaction may still make a few heads spin, at least for people who remember Internet history and/or have access to Wikipedia.