News Burst: AOL to buy Mirabilis for $287M Summary: America Online (AOL) confirmed Monday that it has acquired Mirabilis, an Israel-based company that makes the popular ICQ instant messaging software, for $287 million in cash. By ZDNet | June 9, 1998 -- 06:15 GMT (23:15 PDT) Under the deal, which was rumored for weeks, AOL will pay Mirabilis $120 million in performance incentives beginning in 2001. The payments will be spread over three years. Topic: Tech Industry Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.