A rocket's path charted
| Fall 1992 to January 1997 | ||
| Fall 1992 |  Marc Andreessen, an undergraduate at the University of
Illinois and an employee of the university's National Center for Supercomputing
Applications, develops the idea for the NCSA Mosaic client to browse the Internet. | |
| Early 1993 | 
The first version of Mosaic is distributed free to the public.
| |
| Spring 1993 | Andreessen receives bachelor's degree in computer science from the University of Illinois. | |
| April 1994 | Andreessen and Jim Clark, founder of Silicon Graphics, found Mosaic Communications. | |
| Oct. 1994 | The company offers Netscape Navigator for free on the Internet to individual, academic, and research users. | |
| Nov. 1994 | Mosaic Communications changes name to Netscape Communications to "further establish" its identity and "accommodate concerns" of Mosaic licensee University of Illinois. | |
| Jan. 1995 |  Jim Barksdale, formerly with FedEx, McCaw Cellular, and AT&T Wireless Services, surprises
industry watchers by joining Netscape, then a small start-up.
| |
| June 1995 | Netscape files a registration statement with the Securities and Exchange Commission for a proposed initial public offering. Morgan Stanley and Hambrecht & Quist act as comanagers for the underwriting group. | |
| Aug. 1995 | 
Netscape goes public at $28 a share. On its first day of trading, the
stock zooms upward to close at $58.25.
The same month, Microsoft releases version 1.0 of its Internet Explorer, vowing to wrest the nascent browser market from Netscape's clutches. | |
| Sept. 1995 | Netscape releases Netscape Navigator 2.0, which integrates an email and newsreader with its browser. | |
| Oct. 1995 | 
Netscape reports its first profit, $635,000 or 1 cent per share, for the
third quarter of 1995. It posts a loss for the entire year, though, of
$3.44 million or 5 cents a share.
| |
| Feb. 1996 | Microsoft announces a plan to reorganize the company to focus more directly on the Internet market. The move is widely seen as a response to budding competition from Netscape and other younger Internet companies. | |
| March 1996 |  Another day in the browser war: One day after Netscape announced a licensing agreement for its Navigator browser with America Online, the online service said it would make Microsoft's Internet Explorer its standard, built-in browser.
| |
| Aug. 1996 |  Netscape's lawyers complain to
the Justice Department that Microsoft is deliberately preventing
companies from using its NT Workstation to run third-party Web server
applications like Netscape's FastTrack Web server. Microsoft hotly
disputes the charge.
| |
| Sept. 1996 | 
A Zona Research survey of 150 technology managers at U.S. corporations indicates that 83 percent of respondents use Navigator as their primary browser, while Internet Explorer's share has more than doubled since earlier in the year with about 8 percent of respondents claiming it as their preferred browser.
| |
| Jan. 1997 | Netscape says it has delivered 1 million of its Internet and intranet servers in 1996 and sees accelerating momentum for its products. But the company's stock is under pressure after some analysts said the company might not meet earnings expectations for the fourth quarter. | |
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