Bending Spoons to acquire AOL
Update: 2025-10-30
Description
European mobile app developer, Bending Spoons, is acquiring AOL from Yahoo for $2.8 billion, aiming to revitalize the iconic internet brand. Despite AOL's aging image, it remains a top email provider with 8 million daily users and 30 million monthly users. Bending Spoons plans to invest in and grow AOL, following their strategy of acquiring and holding onto brands, such as Vimeo, Evernote, and Meetup. This deal marks another change in ownership for AOL, which has previously been part of Time Warner and Verizon.
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