AOL has sold the popular ICQ instant messenger for almost $200 million to to Russia based Digital Sky Technologies (DST). Businesswire had reported this deal on 28th April quoting that the IM software has a large presence in Russia, Germany, Czech Republic and Israel. ICQ is a multi platform IM with support for Mac OS X as well as mobiles.
Chief executive of DST, Yuri Milner quoted that:
ICQ’s long-standing brand name and its sizeable loyal customer base together represent a very attractive opportunity to further strengthen our position in the region.
AOL had originally acquired ICQ messenger in June 1998 for $400 million. AOL had actually acquired Mirabilis, the Israeli company which is the original creator of ICQ. ICQ still is a popular IM service with a large group of loyal followers.
Also, Techcrunch believes that ICQ had been under paid. According to it, ICQ first went up for sale in last November when the bidders were DST, Google and Skype.
It would be interesting to see how Digital Sky Technologies go ahead with ICQ IM.