After acquiring Netscape, AOL sold ownership of the NDS intellectual property to Sun Microsystems, but retained rights akin to ownership.
And America Online, which plans to acquire Netscape, has pledged to support its open-source initiatives.
C1 AOL TV to Challenge Microsoft America Online, which recently acquired Netscape, said it would take on Microsoft in delivering the Internet over television sets.
Ramanathan Guha walked away from probably more than $4 million (a figure he is contractually forbidden to confirm) at America Online, which had acquired Netscape.
On November 24, 1998, AOL and Netscape agreed that AOL would acquire Netscape for 4.3 billion dollars' worth of AOL stock.
America Online's effort to acquire Netscape and set up a partnership with Sun Microsystems is a reminder of how rapidly the corporate landscape can change in fast-moving technical fields.
Had AOL acquired Netscape under the accounting board's proposed change, the results would have been vastly different - even under the compromise.
Later AOL/Time Warner acquired Netscape.
On Wednesday, Reuters reported that the company's long-falling stock had jumped that day because of rumors that Sun Microsystems might acquire Netscape.
And he predicted a similar agreement between Network Solutions and America Online, which recently announced that it was acquiring Netscape.