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@Home

At Home Corp. was founded by Tele-Communications Inc. (since purchased by AT&T Broadband) and the venture capital firm of Kleiner Perkins Caufield & Byers in May 1995.

In June 1996, @Home landed equity investments from several cable companies, including Comcast Corp. and Cox Communications Inc. Two Canadian cable companies -- Rogers Cablesystems Ltd. and Shaw Communications -- also purchased equity stakes in April 1997. The company went public in July 1997 (NASDAQ: ATHM), and Cablevision Systems Corp. purchased an equity stake the following October. Since then, @Home added other cable affiliates, including InterMedia Partners, Century Communications Corp., Insight Communications, Cogeco Cable Inc., Garden State Cable, Midcontinent Cable and Prime Cable. A total of 18 cable companies were @Home affiliates, giving it a national footprint of more than 55 million homes. That's more than half of all the cable homes in North America. Today, @Home, is gone. The story is still being written in the courts, but the former giant is now being dismembered. In May 1999, @Home Network merged with the Internet portal service Excite Corp. to create a new parent company christened Excite@Home. However, the desired "synergy" between content and access never appeared. The demise of the company was aggravated by business decisions like the purchase of an online greeting card company in 1999 for $780 million. Excite@Home declared bankruptcy on October 1, 2001. The final act happened in December 2001, when in a complicated act of brinksmanship, AT&T withdrew an offer to purchase the company. Excite@Home officially ceased operations on Feb. 28, 2002. Major cable operators that relied on @Home put their own networks in place (with some difficulties) by the time Excite shut down.

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