Bending Spoons to acquire AOL in a $2.8B deal, marking a major shift for the iconic internet brand.
Matilda
Bending Spoons to Acquire AOL: A Bold New Chapter
Why Is Bending Spoons Acquiring AOL? The news that Bending Spoons will acquire AOL has taken both the tech and media industries by surprise. The European app giant confirmed it’s buying AOL from Yahoo (owned by Apollo Global Management) with a $2.8 billion debt-financed deal . The acquisition—expected to close by the end of 2025—aims to breathe new life into one of the internet’s most iconic brands. Image Credits:Andrew Burton Luca Ferrari, CEO of Bending Spoons, emphasized AOL’s “unexpressed potential” and its massive loyal base of 30 million monthly users , highlighting that the company plans to invest heavily in product growth rather than reselling it. What Does This Mean for AOL Users? For longtime AOL users, the Bending Spoons acquisition could bring modern updates while maintaining the platform’s nostalgic core. Ferrari reassured customers that AOL’s email services and community features will remain active and supported. Bending Spoons’ reputation for revitalizing digital brands like E…