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CompuServe, (in full, CompuServe Information Services, or CIS), was the first major commercial online service in the United States, dominating the field during the 1980s and remaining a major player through the mid-1990s when it was sidelined by the rise of information services who adopted pricing models based on monthly subscriptions rather than CompuServe's hourly rate approach. Foremost among these was AOL, which generated a substantial portion of its income from advertising revenues. Today the CompuServe Information Service operates as an Internet service provider (ISP), owned by AOL.

History

CompuServe was founded in 1969 as Compu-Serv Network, Inc. in Columbus, Ohio as a subsidiary of Golden United Corporation. One of the benefits of a website like this is the ability to. While Jeffrey Wilkins, the son-in-law of Golden United founder Harry Gard, is widely recognized as the first president of CompuServe, the initial president was actually Dr. John R. Goltz. Goltz and Wilkins were both graduate students in Electrical Engineering at the University of Arizona. Other early employees were also recruited from the University of Arizona, including Sandy Trevor (inventor of the CompuServe CB Simulator chat system), Doug Chinnock, and Larry Shelley. Instant Quote, About LifeQuotecom · Life Insurance Resources. Wilkins replaced Goltz as CEO within the first year of operation.

The objectives of the new company were two-fold: to provide in-house computer processing support to Golden United Life Insurance Co. ; and to develop as an independent business in the computer time-sharing industry, by renting time on its PDP-10 mainframe computers outside business hours. It was spun off as a separate company in 1975, trading on the NASDAQ under the symbol CMPU.