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AOL Sells ICQ For $187.5m

Posted in News by Conner Flynn on April 28th, 2010

If you were around during the beginning of instant messaging, then you probably remember ICQ, which set the standard for instant messaging. AOL initially acquired Mirabilis, the Israeli-based company who came up with the program, back in 1996 for $407 million.

Now the company has decided to let it go for just $187.5 million to a Russian investment company, Digital Sky Technologies. I bet this brings back instant messaging memories for many of you.