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Italian firm Bending Spoons to buy AOL from Yahoo for $1.5 billion, pending approval.
Italian tech firm Bending Spoons has agreed to acquire AOL from Yahoo for $1.5 billion, funded by debt, in a deal expected to close by year-end pending approval.
The acquisition, announced October 29, 2025, marks Bending Spoons’ latest effort to revitalize underperforming U.S. tech brands, following previous purchases of Vimeo, Evernote, and WeTransfer.
The company plans to modernize AOL’s email service, used by about 8 million daily users, through AI integration and operational improvements.
Bending Spoons, based in Milan and founded in 2013, has a track record of long-term stewardship, never divesting acquired businesses.
The move reflects a broader trend of European firms acquiring legacy American tech assets to drive innovation amid rising demand for efficient digital solutions.
La firma italiana Bending Spoons comprará AOL de Yahoo por $1.5 mil millones, en espera de la aprobación.