AOL to Be Acquired by Italy’s Bending Spoons
Update: 2025-10-30
Description
AOL, the iconic internet giant, is being acquired by Italian tech company Bending Spoons for $1.5 billion. Despite its decline, AOL still has 8 million daily users and generates over $500 million in yearly revenue. Bending Spoons, which recently bought Vimeo, is expanding its portfolio with this acquisition. Industry leaders are optimistic about the future of AOL under new ownership.
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