United Online, Inc. was an independent

public company A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) co ...

formed by the 2001

merger Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorpt ...

NetZero NetZero is an Internet service provider based in Woodland Hills, Los Angeles, California. It is a subsidiary of United Online, which in turn is a subsidiary of investment bank B. Riley Financial. United Online is also the parent of Juno Onli ...

and

Juno Online Services Juno Online Services, also called simply Juno, is an Internet service provider based in the United States. It originated as a free email service and later expanded its offerings. Juno is a subsidiary of United Online, which in turn is a subsidi ...

. It is currently a

subsidiary A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidia ...

of investment bank B. Riley Financial. The company's range of products and services has evolved significantly since its inception as a provider of dial-up Internet access. This has been aided by a series of acquisitions that have included Classmates Online (2004), MyPoints (2006), and FTD Group, Inc. (2008), the latter of which was spun off as its own company in 2013. United Online is headquartered in Woodland Hills,

California California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...

United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...

. The company claims to have more than 100 million registered accounts. The company’s Content & Media segment provides networking services and products (Classmates and StayFriends). Its primary communications segment services are internet access, and services and devices (NetZero and Juno). United Online operates through a global network of locations in the U.S., Germany, and India. On July 1, 2016, B. Riley Financial completed its acquisition of United Online for $11.00 per share in a transaction valued at approximately $170 million.

History

United Online, Inc. was formed in June 2001 by the merger of Internet service providers

and

. The two merged companies were to be independent subsidiaries of United Online, and the resultant company was the United States' second largest internet service provider at the time. In November 2013, United Online spun off its floral delivery subsidiary, FTD, which became a separate NASDAQ-traded company called

FTD Companies FTD LLC also known as Florists' Transworld Delivery, is a floral wire service, retailer, and wholesaler based in Downers Grove, Illinois, in the United States. FTD was founded as Florists' Telegraph Delivery in 1910, to help customers send flo ...

, Inc., under the symbol FTD. Directly following the spin-off of FTD, long time CEO Mark Goldston, who had been with the company for 14 years, taken it public and presided over the acquisitions and growth, left the company. Francis Lobo, who had spent 10 years with AOL, eventually rising to the position of president of AOL Services, was selected to take Goldston's place as CEO. The company continued to struggle, and Lobo eventually resigned. Following Lobo's exit, the investment bank B. Riley Financial acquired the remnants of UOL on July 1, 2016, naming Robert J. Taragan the new CEO of the subsidiary. In April 2016, United Online sold MyPoints to El Segundo, California-based loyalty program marketer Prodege.

Products

Faced with the introduction and rapid expansion of broadband Internet-access services, United Online has diversified its products and service offerings, both via acquisitions and by evolving its current brands.

ISP

In September 2007, NetZero launched its first broadband access service, NetZero

DSL Digital subscriber line (DSL; originally digital subscriber loop) is a family of technologies that are used to transmit digital data over telephone lines. In telecommunications marketing, the term DSL is widely understood to mean asymmetric di ...

. In May 2008, it launched Juno DSL. Together, NetZero DSL and Juno DSL provided almost 30 percent of United Online’s ISP customers, and provided those customers with the ability to upgrade to broadband while maintaining their NetZero or Juno email addresses.

Mobile broadband

In March 2012, NetZero expanded into the wireless Internet access market with the debut of NetZero Mobile Broadband, a value-priced mobile broadband service using the Clearwire network. NetZero Mobile Broadband was available in over 80 cities, and allowed subscribers to choose from four monthly data plans. It also offered a one-year free trial with the purchase of a NetZero Connection device. NetZero Mobile Broadband has since rolled out the service across the nationwide using the Sprint 3G network, expanding its coverage to more than 276 million people. NetZero also offers a Home Wireless Broadband service which is intended to provide limited wireless access in the home or office. In 2013, it debuted NetZero DataShield, a personal

VPN Virtual private network (VPN) is a network architecture for virtually extending a private network (i.e. any computer network which is not the public Internet) across one or multiple other networks which are either untrusted (as they are not c ...

which encrypts and protects users’ data when they connect to the Internet via any WiFi connection, including public WiFi hubs. NetZero HotSpot is a service that the company offers.

Mobile phone

At the end of 2014, UOL rolled out a mobile phone service to their NetZero brand. The service provides 3G coverage, and features refurbished equipment (such as an

iPhone 4 The iPhone 4 is a smartphone that was developed and marketed by Apple Inc. It is the List of iPhone models, fourth generation of the iPhone lineup, succeeding the iPhone 3GS and preceding the iPhone 4s. Following a number of notable leaks, ...

or Samsung

Galaxy SIII The Samsung Galaxy S III (unofficially known as the Samsung Galaxy S3) is an Android smartphone developed and marketed by Samsung Electronics. Launched in 2012, it had sold more than 80 million units overall, making it the most sold ph ...

for the price of $199 each) and limited monthly data.

Classmates.com

United Online's Classmates subsidiary began digitizing high school yearbooks in 2010, giving members the ability to view more than 30,000 high school yearbooks at Classmates.com. The Classmates Yearbook Initiative has since grown to over 250,000 yearbooks.

References

External links

* {{Dot-com Bubble Companies based in Los Angeles 2016 mergers and acquisitions