
Netscape Navigator was also a focus of the federal antitrust case that began in 1998. Last month, for instance, Web metrics company Net Applications tracked Netscape's browser share at just 0.60%, while IE owned 77.4% and Firefox accounted for 16%. The browser fell on hard times, however, and quickly lost what users it had to IE as well as the successor from Mozilla, Firefox. Later that year, AOL bought Netscape in a deal valued then at $4.2 billion. Inside a month, Netscape formed the Mozilla Foundation and handed the browser code to the open-source nonprofit. announced that it would cease charging for the browser - in large part because Microsoft gave away IE - and said that future development would be open-source. In January 1998, Netscape Communications Corp. Microsoft Corp., however, launched the initial edition of Internet Explorer (IE) in August 1995 and gradually whittled at Netscape's lead until IE's share slipped past the older browser at the end of 1998, according to statistics compiled by the University of Illinois at Urbana-Champaign, the campus where Andreessen co-authored the first graphical browser, Mosaic. 15, 1994.īy mid-1995, Netscape essentially owned the Internet, accounting for more than 80% of all browsers used. The first version, complete with name change to allay concerns by the University of Illinois over the Mosaic moniker, was released on Dec.

around the Web browser that Andreessen had built. Netscape Navigator traces its lineage to 1994, when Marc Andreessen and Jim Clark formed Mosaic Communications Corp. He said all support would end in just over a month and urged current Netscape users to migrate to Mozilla Corp.'s Firefox.
