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AOL

America Online
Company nameAOL Inc.
Company typePublic company
IndustryInternet
Telecommunication
Media
Founded1983 as Control Video Corporation
1991 as America Online, Vienna, Virginia, U.S.
2006 as AOL
HeadquartersNew York City
Area servedWorldwide
Key peopleTim Armstrong
(Chairman and CEO)
Revenue(-) US$ 2.417 billion (2010)
Operating income(-) US$ -983 million (2010)
Net income(-) US$ -783 million (2010)
Total assets(-) US$ 2.962 billion (2010)
Total equity(-) US$ 2.287 billion (2010)
Employees5,860 (2010)

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AOL Inc. ( , stylized as "Aol.", previously known as America Online) is an American global Internet services and media company. AOL is headquartered at 770 Broadway in New York. Founded in 1983 as Control Video Corporation, it has franchised its services to companies in several nations around the world or set up international versions of its services.

AOL is best known for its online software suite, also called AOL, that allowed customers to access the world's largest "walled garden" online community and eventually reach out to the Internet as a whole. At its prime, AOL's membership was over 30 million members worldwide, most of whom accessed the AOL service through the AOL software suite.

In 2000 AOL and Time Warner merged under the name AOL Time Warner. The merger was not fruitful and on May 28, 2009, Time Warner announced that it would spin off AOL into a separate public company. The spinoff occurred on December 9, 2009, ending the eight-year relationship between the two companies.


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