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A 2001 Hotmail inbox layout embedded in Microsoft Outlook The old MSN Hotmail inbox from 2007. Hotmail was sold to Microsoft in December 1997 for a reported $400 million (~$705 million in 2023), and it joined the MSN group of services. [17] The sale had been preceded by a major incident in 1997 where all email was lost for 25% of mailboxes. [18]
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In addition to its original MSN Dial-up service, Microsoft has used the 'MSN' brand name for a wide variety of products and services over the years, notably Hotmail (later Outlook.com), Messenger (which was once synonymous with 'MSN' in Internet slang and has now been replaced by Skype), and its web search engine, which is now Bing, and several ...
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In 1993, both America Online (AOL) and Delphi started connecting their proprietary e-mail services to the Internet. [9]As of October 1997, AOL Mail was the world's largest e-mail provider, with around 9 million subscribers [10] (identical with the number of AOL subscribers).
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On December 31, 1997, Microsoft acquired Hotmail.com for $500 million (~$882 million in 2023), its largest acquisition at the time, and integrated Hotmail into its MSN group of services. [3] Hotmail, a free webmail service founded in 1996 by Jack Smith and Sabeer Bhatia, [4] had more than 8.5 million subscribers earlier that month. [5]