ICQ is a popular instant messaging computer program, which was first developed by the Israeli company Mirabilis, now owned by AOL. The first version of the program was released in November 1996 and ICQ became the first Internet-wide instant messaging service, later patenting the technology. The name ICQ is a homophone for the phrase "I seek you". America Online (AOL) acquired Mirabilis on June 8, 1998, for US$407 million. According to Time Warner, ICQ has over 100 million accounts registered.