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Web & Internet Definitions

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Definition of Netscape

Officially called Netscape Communications Corporation, Netscape was founded by James H. Clark and Marc Andreessen in 1994 and was acquired by AOL in 1999. It revolutionized the computer software market by giving away for free its popular Navigator Web browser until it had acquired an overwhelming market share for this category of software.

This strategy is now used by many other software companies, including Microsoft, which also distributes its Web browser, Internet Explorer, for free.

The term Netscape is often used as the name of the company's browser, not the company itself.