Company type | Subsidiary |
---|---|
Industry | Internet, software, & telecommunication |
Founded | April 4, 1994 |
Founder | Mark Andreessen and Jim Clark |
Defunct | March 1, 2008 |
Headquarters | United States |
Key people | James L. Barksdale (CEO) |
Products | Internet suite Web browser Internet service provider Web portal |
Number of employees | 2,500 (1999)[1] |
Parent | AOL |
Website | isp |
Netscape Communications Corporation (originally Mosaic Communications Corporation) was an American independent computer services company with headquarters in Mountain View, California, and then Dulles, Virginia.[2] Its Netscape web browser was once dominant but lost to Internet Explorer and other competitors in the first browser war, with its market share falling from more than 90 percent in the mid-1990s[3] to less than one percent in 2006.[4] An early Netscape employee, Brendan Eich, created the JavaScript programming language, the most widely used language for client-side scripting of web pages. A founding engineer of Netscape, Lou Montulli, created HTTP cookies. The company also developed SSL which was used for securing online communications before its successor TLS took over.[5]
Netscape stock traded from 1995 until 1999 when the company was acquired by AOL in a pooling-of-interests transaction ultimately worth US$10 billion.[6][7] In February 1998, approximately one year prior to its acquisition by AOL, Netscape released the source code for its browser and created the Mozilla Organization to coordinate future development of its product.[8] The Mozilla Organization rewrote the entire browser's source code based on the Gecko rendering engine,[9] and all future Netscape releases were based on this rewritten code. When AOL scaled back its involvement with Mozilla Organization in the early 2000s, the Organization proceeded to establish the Mozilla Foundation in July 2003 to ensure its continued independence with financial and other assistance from AOL.[10] The Gecko engine is used to power the Mozilla Foundation's Firefox browser.
In addition to browsers, Netscape developed a suite of award-winning server software, known as SuiteSpot, to power enterprise Internet and Intranet websites, forums, and email; e-commerce software; and a consumer web portal named Netcenter. Netscape's browser development continued until December 2007, when AOL announced that the company would stop supporting it by early 2008.[11][12] As of 2024, AOL continues to use the Netscape brand to market a discount Internet service provider, which itself continues to provide a Chromium-based web browser called Netscape, developed by UK security firm SentryBay.[13][14][15][16][better source needed]