AOL also likely to eye sale of MapQuest–Is Microsoft a possible buyer? November 20, 2009Posted by Bahadir Sahin in Duyuru (Announcements), English, Turkce.
Tags: MapQuest online map service
It has been rumoured that AOL is going to sell some of its peripheral properties. As part of this effort, it is planning to sell different units including ICQ instant-messaging unit and MapQuest online map service.
According to the owner Time Warner, this step has been taken to offload some assets and become a more focused company.
It is expected that, some of the mapping giants like Microsoft may be an ideal candidate to own that service. It is obvious because of the same service it has currently.
AOL bought the MapQuest online map service in 1999.
Earlier, Time Warner had indicated that it would spin off its AOL service to make a separate entity. So it is evident that the company is going for a transformation this time.
Though MapQuest has over 40 million monthly users, still it is well behind other giants like Microsoft and Google.