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On June 23, 2015, AOL was acquired by Verizon Communications for .4 billion.AOL began in 1983, as a short-lived venture called Control Video Corporation (or CVC), founded by William von Meister.

The Quantum Link software was based on software licensed from Play Net, Inc, (founded in 1983 by Howard Goldberg and Dave Panzl).In the early years of AOL the company introduced many innovative online interactive titles and games, including: This coincided with growth in pay-based online services, like Prodigy, Compu Serve, and GEnie.1991 also saw the introduction of an original Dungeons & Dragons title called Neverwinter Nights from Stormfront Studios; which was one of the first Multiplayer Online Role Playing Games to depict the adventure with graphics instead of text.This is commonly referred to as the "Eternal September", as Usenet's cycle of new users was previously dominated by smaller numbers of college and university freshmen gaining access in September and taking a few weeks to acclimate.This also coincided with a new "carpet bombing" marketing campaign by CMO Jan Brandt to distribute as many free trial AOL trial disks as possible through nonconventional distribution partners.

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