||This article includes a list of references, but its sources remain unclear because it has insufficient inline citations. (May 2008)|
|Founded||Universidade de Aveiro, Aveiro, Portugal (1995)|
|Key people||Armando Almeida, CEO|
|Products||ISP, Search Engine, SAPO Anúncios (pay per click advertising)|
|Revenue||(See Portugal Telecom)|
|Operating income||(See Portugal Telecom)|
SAPO (Portuguese for toad), Servidor de Apontadores Portugueses, is a brand and subsidiary company of the Portugal Telecom Group. It is a Portuguese Internet service provider that started as a search engine when founded in 1995.
SAPO was created on September 4, 1995 by the Computer Science Center of the University of Aveiro. The name was derived from the acronym of the service, S.A.P.O (Servidor de Apontadores Portugueses). This acronym corresponds to the Portuguese word for toad.
In 1997 SAPO was converted in a business and the company Navegante was created.
Later, in September 1998, Saber & Lazer - Informática e Comunicação S.A. bought SAPO from Navegante. With Saber & Lazer, SAPO launched new services; free e-mail, a virtual shopping and some new features for the search engine.
In September 1999, PT Multimédia acquired 74,9% of Saber e Lazer. And in March 2000, SAPO was assigned to PTM.com, with the objective of joining all internet projects under only one company.
On March 28, 2006, Sapo XL was launched: a project for broadband content, in which the main content is videos, on-line television transmission and real-time transmission of events.
On September 15, 2010, Sapo launched its website in East Timor.