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Is the End Near for Netscape?

The death knell is sounding for the Netscape browser, industry observers said, following America Online's decision Tuesday to lay off about 50 Netscape software developers and end development work on the Mozilla browser technology.

"I would not say the patient is dead, but certainly it is more zombie-like. I don't see a new version of the Netscape browser coming out anytime soon," said Jonathan Gaw, research manager at market researcher IDC in Mountain View, California.

Geoff Johnston, vice president for StatMarket, a division of San Diego-based Web tracking company WebSideStory, agreed. "It sounds like AOL is really throwing in the towel. I think we have seen our last version of Netscape," he said.

AOL spokesperson Andrew Weinstein denied that the final hour has come for the Netscape browser. "We will continue to support the Netscape browser and Netscape remains a part of our multibrand strategy," he said.

News source: Yahoo News

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