KHC investments begin: 1997
Based: New York, New York, USA
Awards & Medals
2012 - AOL's Huffington Post Wins Pulitzer Prize
2011 - AOL Earns Record Twelve Nominations for 15th Annual Webby Awards
2010 - AOL Named A 2010 Working Mother 100 Best Company
2010 - The Working Mother 100 Best Companies initiative selected AOL as one of the nation's top companies for family-friendly benefits.
Kingdom Holding Company holds a significant position in AOL, a trailblazing Internet brand for more than 25 years.
AOL has grown, developed and evolved past its 1990s “walled garden” online offering to U.S. consumers to become a globally known aggregator of new forms of digital media.
KHC appreciates the company’s demonstrated ability to stay abreast of business and technology changes. Few other companies have shown AOL’s mix of vision, innovation, and adaptability. KHC believes strongly in AOL’s broad content and portal strategies and its ability to attract top entrepreneurial talent.
AOL develops online brands and websites and associated content. AOL sites and products attract more than 250 million visitors from around the world.
Founded in 1985 as Quantum Computer Services, the company was rebranded as America Online (AOL) in 1991. In 1995, the company launched an international presence through the creation of AOL Germany. In 2000, AOL announced the acquisition of Time Warner for USD 164bn, though Time Warner was spun off as an independent company in 2009 and AOL continues as an independent public company.
2010 saw significant expansion in AOL’s efforts in key areas of the digital landscape: video, local, branded content and brand advertising.
AOL’s 2011 acquisition of The Huffington Post, a fast-growing news and opinion site founded in 2005, resulted in the formation under the AOL banner of the Huffington Post Media Group (HPMG), a leading source of news, information, entertainment, community and digital information.