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flag Italian firm Bending Spoons to buy AOL from Yahoo for $1.5 billion, pending approval.

flag 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. flag 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. flag The company plans to modernize AOL’s email service, used by about 8 million daily users, through AI integration and operational improvements. flag Bending Spoons, based in Milan and founded in 2013, has a track record of long-term stewardship, never divesting acquired businesses. flag The move reflects a broader trend of European firms acquiring legacy American tech assets to drive innovation amid rising demand for efficient digital solutions.

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