New York
– AOL (NYSE: AOL) is in serious negotiations with four bidders to sell its ICQ instant
messaging service, All Things D reported on Monday.
Citing sources close to the
situation, the blog said the company is discussing a price around $200 million
for the service, which is most popular with Internet users in Germany and Russia.
The Wall Street Journal
reported in December that AOL was in talks with Russia’s Digital Sky Technologies
about a potential sale.
AOL originally paid $287 million, plus another $120
million in earn-outs, to purchase the service from Israel’s Mirabilis in 1998.
Related Links:
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(All Things D)
