AOL to sell ICQ IM, perhaps even MapQuest

19 Nov 2009

While the sale of MapQuest is conjecture at this point, with Microsoft the most logical buyer, it has just been announced by BoomTown that AOL will sell its ICQ instant messaging. AOL paid $1.1 billion in stock to acquire MapQuest in 1999.  

Unnamed sources told BoomTown that AOL is asking $300 million for ICQ, a product it purchased for $287 million from Israel-based startup M

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Sharon Hill

Sharon Hill has been a senior writer / analyst with the AIM Group since 2004, except for a two-year time-out to serve as sales and marketing manager for Suburban Newspapers of America. She worked at newspapers in California, the Carolinas and Indiana as a classified advertising sales supervisor and manager, and in newspaper circulation in Alaska. At the SNA, she was responsible for bringing in new members; lining up exhibitors, and helping develop programs for the classified conference and the classified alliance. She is also co-author of “Implementing and Managing Telework: A Guide for those who make it Happen” (Praeger Press) and a prolific blogger and social media user. She is based in Phoenix.