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fromThe Verge
3 days ago

Bending Spoons is buying AOL for some reason

Bending Spoons, the Italian software company that has bought up a range of other digital businesses like Evernote, MeetUp, WeTransfer, and soon Vimeo, announced plans to purchase AOL from Yahoo after securing a $2.8 billion debt financing package. Over the past couple of decades, AOL has been passed from company to company, merging with Time Warner in 2001 before getting spun off and sold to Verizon in 2015 for $4.4 billion.
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Venture
fromMashable
2 days ago

AOL to be acquired for $1.5 billion by company that bought Vimeo, Evernote

Bending Spoons bought AOL from Yahoo for $1.5 billion, will invest in the product, and financed the acquisition with $2.8 billion in debt.
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fromTechCrunch
20 hours ago

What is Bending Spoons? Everything to know about AOL's acquirer | TechCrunch

Four Bending Spoons cofounders became billionaires after a funding and secondary share sale valued their stakes at roughly $1.3–$1.4 billion each.
fromRAIN News
1 month ago

Vimeo reportedly acquired by digital tech company Bending Spoons; will go private

In our nine years of covering video platform Vimeo, we have seen it win legal appeals related to copyright issues around pre-1972 music uploads, and the installation of CEO Anjali Sud in 2017. Most recently in January, the company persevered in a copyright lawsuit with major music labels. Today we learn that Vimeo has agreed to an acquisition by European digital technology company Bending Spoons.
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