After almost four months of negotiations with AOL, Digital Sky Technologies announced on 28 April they have reached a deal with the online to giant acquire ICQ for USD 187.5 million. As the leader in instant messaging in Russia, ICQ represents an opportunity for DST to strengthen its market position by providing a large new [...]

Looking to complete the sale of ICQ and put it behind them, AOL has accepted the bids of a limited number potential buyers for the pioneer internet chat service. Though at least seven legitimate offers came in, AOL has narrowed the list of buyers to Russia’s Digital Sky Technologies and ProfMedia, China’s Tencent, and possibly [...]

Fresh from a spin-off from Time Warner, AOL’s Tim Armstrong is looking to sell the ICQ instant-messaging service for a possible USD 200 million to USD 300 million. Digital Sky Technologies, the global internet holding company, is currently engaged in negotiations with AOL though they are still in the early stages. Mirabilis, the parent company [...]