Italy’s Bending Spoons to acquire AOL, secures $2.8 billion in debt financing
Update: 2025-10-29
Description
**Summary:**Italian tech company Bending Spoons makes a major move by acquiring AOL from Yahoo for an undisclosed sum, adding to its growing portfolio of digital brands. With a $2.8 billion debt package, Bending Spoons aims to boost research, development, and future deals. AOL, despite its age, maintains a strong user base and high engagement, ranking among the world's top ten email services. Bending Spoons' aggressive growth strategy involves revitalizing legacy brands, and this acquisition brings its user base to over 300 million. The deal marks another chapter in AOL's history and solidifies Bending Spoons' position in the global tech landscape.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel




