Subsidiary | |
Industry | Media Web search engine Computer software Technology |
Founded | 1983 1985 (as Quantum Computer Services) 1991 (as America Online) 2009 (as AOL Inc.) | (as Control Video Corporation)
Headquarters | 770 Broadway New York City, New York 10003 |
Area served | Worldwide |
Key people | Tim Armstrong (Chairman and CEO) Bob Lord (President) Holly Hess (CFO) |
Services | Online services |
Revenue | $2.3 billion (FY 2013) |
$190.3 million (FY 2013) | |
$92.4 million (FY 2013) | |
Total assets | $2.797 billion (FY 2013) |
Total equity | $2.137 billion (FY 2013) |
Number of employees | 5,600 |
Parent | Independent (1983–2000, 2009-2015) Time Warner (2000–2009) Verizon Communications (2015-) |
Website | corp www blog |
AOL Inc. (previously America Online) is a U.S.-based online service provider and Internet service provider. It has been in business since 1985. Important services in the early years were online chat and online games. Most connections were dial-up. In 2001 AOL bought Time Warner. In 2009 after a spin-off from Time Warner they changed their name to AOL Inc. It was announced in May 2015 that Verizon Communications purchased AOL.