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Acquisition of ICQ to Make Naspers as Big as Skype?

Files under: Inside View, News
Posted by: Quintura @ 06:55 [19. 11. 09]

Adding ICQ to online instant messaging (IM) platforms and VoIP services already owned by Naspers will complement its global footprint and make Naspers one of the largest global communications companies with over 500 million users. Naspers will become as big as Skype that reported 521 million user accounts at the end of September 2009.  That is why Naspers shall be interested in acquiring ICQ that AOL is reportedly planning to sell for about $300 million. Founded in 1996, ICQ was acquired by AOL for $287 million in 1998.

ICQ has over 42 million active users wordwide and is available in 16 languages.

Naspers/MIH Group has over 450 million instant messaging users in its fully- and partially-owned portfolio companies around the world including:

- 410 million registered users of QQ (35%-owned by Naspers) in China in March 2009;

- 15 million registered users of Gadu-Gadu (acquired and 100%-owned by Naspers from 2007) in Poland, Romania, Bulgaria and the Ukraine;

- 10 million registered users of Agent@Mail.ru (43%-owned by Naspers) in Russia;

- 10 million registered users of mobile IM service MXit (30%-owned by Naspers) in South Africa and Indonesia;

- 10 million registered users of Netherlands-based mobile IM service Nimbuzz (38%-owned by Naspers); and

- several million users of mobile messaging services of ACL Wireless (30%-owned by Naspers) in India and South-East Asia.

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