Netscape was developed as a web browser in the mid 1990s. In 1994, Netscape navigator was introduced which was started by mosaic communications and the name being later changed to Netscape Communications Corporation.
During the period of its inception Netscape was the leading web browser in business and therefore did not pay any considerable heed to any kind of competition. However with the release of Netscape Beta 3, it faced the main the first real competition from Microsoft Internet Explorer 3.0. Netscape was also one of the firsts to include Javascript, RSA security and QuickTime decoder.
With time, Netscape did not change its main browser core and started looking outdated with advancements showed by other web browsers. The declining popularity was lifted up with AOL buying Netscape in 1998.
The Netscape communicator version also tried to re-enter Netscape in the big league but the aging code did not find any improvement in its popularity. In 2007, Netscape was introduced to run on Mac and Linux platforms to increase its usability. However as of march, 2008 AOL announced washing their hands off Netscape navigator.
Netscape has internet space through the website http://browser.netscape.com/. It displays AOL products and the Netscape blog.