AOL has sold the ICQ business to Digital Sky Technologies for $187.5 million. AOL agreed in April to sell the instant messaging service to the Russian Internet investor.
AOL purchased Mirabilis, the company responsible for ICQ, in 1998 back when it was still known as America Online. The ICQ messaging service is more popular outside of the U.S. where AOL’s presence isn’t as notable.
This comes shortly after AOL announced plans to sell Bebo to Criterion Capital Partners LLC. AOL purchased the social site two years ago for a sum of $850 million.
Source: Washington Post
