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SBC Buys AT&T; The Learner Becomes the Master
January 31, 2005 SBC announced that it would purchase AT&T Corp. for more than $ 16 billion. This completed (maybe) the long and sordid tale of the old AT&T company after their breakup in 1984. SBC, one of the original “baby bells”, renamed itself AT&T after the merger, confusing nearly everyone in the world as to…
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Yahoo! Buys GeoCities
January 28, 1999 Yahoo! buys GeoCities for $ 3.65 billion USD. GeoCities was an early web hosting service getting its start in 1994. As a testament to its popularity, there were at least 38 million pages remaining on GeoCities when Yahoo! shut it down in 2009. Yahoo! Buys GeoCities is original content of This Day…
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SBC Buys AT&T; The Learner Becomes the Master
January 31, 2005 SBC announced that it would purchase AT&T Corp. for more than $ 16 billion. This completed (maybe) the long and sordid tale of the old AT&T company after their breakup in 1984. SBC, one of the original “baby bells”, renamed itself AT&T after the merger, confusing nearly everyone in the world as to…
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AOL Buys Netscape
November 24, 1998 AOL announces it will buy Netscape Communications in a stock-for-stock deal worth approximately $ 4.2 billion. At the time it was considered a move by AOL and Netscape to merge forces to better compete with Microsoft in the browser and Internet provider markets. However, Microsoft’s dominance in the personal computer market could…
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Microsoft Buys Full Rights to 86-DOS
July 27, 1981 About two weeks before IBM begins shipping the first IBM PC, Microsoft buys the full rights to the operating system 86-DOS, formerly known as QDOS (Quick and Dirty Operating System), from Seattle Computer Products for $ 50,000. Microsoft had previously paid $ 25,000 to SCP for a non-exclusive license in December 1980…
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Simple as 1-2-3: IBM Buys Lotus
July 6, 1995 IBM completes a $ 3.5 billion buyout of Lotus Development, the producer of the once-dominant Lotus 1-2-3 spreadsheet software and the then-popular Lotus Notes groupware. IBM had hoped to leverage Lotus 1-2-3 to challenge the increasingly demanded Microsoft Excel software, but alas, there was little slowing down the Microsoft juggernaut during the…
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SBC Buys AT&T; The Learner Becomes the Master
January 31, 2005 SBC announced that it would purchase AT&T Corp. for more than $ 16 billion. This completed (maybe) the long and sordid tale of the old AT&T company after their breakup in 1984. SBC, one of the original “baby bells”, renamed itself AT&T after the merger, confusing nearly everyone in the world as to…
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AOL Buys Netscape
November 24, 1998 AOL announces it will buy Netscape Communications in a stock-for-stock deal worth approximately $ 4.2 billion. At the time it was considered a move by AOL and Netscape to merge forces to better compete with Microsoft in the browser and Internet provider markets. However, Microsoft’s dominance in the personal computer market could…
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Simple as 1-2-3: IBM Buys Lotus
July 6, 1995 IBM completes a $ 3.5 billion buyout of Lotus Development, the producer of the once-dominant Lotus 1-2-3 spreadsheet software and the then-popular Lotus Notes groupware. IBM had hoped to leverage Lotus 1-2-3 to challenge the increasingly demanded Microsoft Excel software, but alas, there was little slowing down the Microsoft juggernaut during the…
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SBC Buys AT&T; The Learner Becomes the Master
January 31, 2005 SBC announced that it would purchase AT&T Corp. for more than $ 16 billion. This completed (maybe) the long and sordid tale of the old AT&T company after their breakup in 1984. SBC, one of the original “baby bells”, renamed itself AT&T after the merger, confusing nearly everyone in the world as to…