The story
AGIS was founded as Apex Global Information Services in 1994 by Phillip J Lawlor. AGIS acquired Network99, Inc. in July 1995.
Lawlor believed an ISP was not responsible for policing the content of its customers traffic. This hands-off policy resulted in a safe haven for the notorious spammer Sanford Wallace. By 1997, when Wallace's account was finally terminated, the ISP's reputation had been ruined. The company filed for Chapter 11 bankruptcy protection in February, 2000.
AGIS was acquired by Telia Internet, Inc. in 2000. Telia Internet, Inc. was acquired by Aleron Broadband, Inc. in 2001. Aleron Broadband was acquired by Cogent Communications in 2004.
From Wikipedia’s article on Apex Global Internet Services, shared under CC BY-SA 4.0.4