AOL To Buy Netscape?
Sunday November 22nd, 1998
From Ben Marklein comes this interesting news -- apparently AOL is considering a buyout of Netscape in a stock swap. For the news, check out News.com and Techweb. Sun may be taking over Netscape's business application division.
UPDATE: Another more in-depth article is available at washingtonpost.com.
Here's another article - this one from the New York Times website. To view it, you must be be a registered user (it's free, though, so check it out).
UPDATE: An article at News.com confirms the rumors, but no deal has been reached at this time.
#1 Re:AOL To Buy Netscape?
by Joel Caris <email@example.com>
Sunday November 22nd, 1998 6:26 PM
You are replying to this message
While I see some potential of this being very good, the whole thing worries me a great deal. What would AOL do to Netscape if it were to buy it out? How much change would occur? What if Netscape's browser was folded into AOL and stopped being available to those not using AOL? I doubt this would happen, but it worries.
What worries me more is what could happen to the open source movement. I would hate to see AOL pull the source code and put it back behind corporate walls.
However, I see some possible good in this deal, I must admit. Certainly, a coalition of AOL, Netscape, and Sun would be very powerful and quite able to compete against Microsoft. If AOL stayed true to Netscape, kept the browser open source, did nothing to fold it into the AOL service, and basically kept Netscape as a company intact, just owned by AOL, this deal could be good. It would definitely help assure the long term success of Netscape.
I guess we'll just have to wait and see.